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Tuesday, January 31, 2012

Stock Upgrades and Downgrades : MDVN, ENTR, MGA, BBT, RRC, TFM, OKS - 1/31/12

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. 

Medivation (MDVN), Entropic (ENTR), Magna (MGA), BB&T (BBT), Range Resources (RRC), The Fresh Market (TFM) and ONEOK Partners (OKS) were upgraded or downgraded by analysts.

Medivation (MDVN) initiated with an Outperform at Credit Suisse.Target $76.

Entropic (ENTR) initiated with a Buy at Roth Capital Target $9.

Magna (MGA) downgraded to Neutral from Overweight at JP Morgan.JP Morgan downgraded Magna based on valuation and weaker near-term revenue growth. Price target lowered to $48 from $54.

BB&T (BBT) initiated with a Buy at Wunderlich Target $34.

Range Resources (RRC) upgraded to Hold from Sell at Canaccord.Canaccord upgraded Range Resources based on valuation. Price target lowered to $59.

The Fresh Market (TFM) initiated with a Neutral at Northcoast.

ONEOK Partners (OKS) downgraded to Perform from Outperform at Oppenheimer.Oppenheimer downgraded ONEOK Partners citing valuation.

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