These stocks are usually going up or down because of brokers upgraded or downgraded .If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance & support levels.You can also check previous stocks to buy reports- Right Here.
Google (GOOG), Cree (CREE), MGM Resorts (MGM), Corcept Therapeutics (CORT), Watsco (WSO) and Cheniere Energy (LNG) were upgraded or downgraded by analysts.
Google (GOOG) downgraded to Market Perform from Outperform at Wells Fargo.Wells Fargo downgraded Google citing potential challenges in 2012, including the integration of Motorola Mobility and the coninciding margin decline, tougher comparables, and the likelihood of increased regulatory scrutiny. Wells Fargo believes Google shares are reasonably valued given these challenges and has a target range of $620-$640 for the stock.
Cree (CREE) downgraded to Neutral from Buy at Ticonderoga.Ticonderoga downgraded Cree citing declining gross margins, lack of long-term margin visibility, and a weak seasonal Q3 outlook.
MGM Resorts (MGM) upgraded to Neutral from Underperform at Credit Suisse.Credit Suisse upgraded MGM Resorts based on valuation and improvement in Las Vegas. Price target raised to $13 from $10.
Corcept Therapeutics (CORT) upgraded to Outperform from Market Perform at Leerink.Leerink upgraded Corcept Therapeutics citing increased confidence in Korlym's approval prospects ahead of the February 17 PDUFA date.
Watsco (WSO) downgraded to Hold from Buy at KeyBanc.KeyBanc downgraded Watsco citing valuation and channel checks that indicate weakness in Residential HVAC due to a difficult consumer environment and mild weather.
Cheniere Energy (LNG) initiated with an Outperform at Credit Suisse Target $13.50.
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