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Monday, January 30, 2012

Stock Upgrades and Downgrades : NFLX, RIO, POT, COG, KWK, MON - 1/30/12

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. 

Netflix (NFLX), Rio Tinto (RIO), Potash (POT), Cabot Oil & Gas (COG), Quicksilver Resources (KWK), Monsanto (MON) and Targa Resources Partners LP (NGLS) were upgraded or downgraded by analysts.

Netflix (NFLX) downgraded to Neutral from Buy at B. Riley.B. Riley downgraded Netflix based on valuation, no change to estimates or its $125 price target

Potash (POT) had its “Buy” rating reiterated by Goldman Sachs (NYSE:GS).

Citigroup (NYSE:C) initiated coverage on Cabot Oil & Gas (COG). They placed a “Buy” rating on the company.

Citigroup initiated coverage on Quicksilver Resources (KWK). They placed a “neutral” rating on the company.

Macquarie initiated coverage on Monsanto (MON). They placed a “Neutral” rating on the company.

Morgan Keegan initiated coverage on Targa Resources Partners LP (NGLS). They placed an “Outperform” rating and a price target of $46.00 on the company.

Barclays Capital (NYSE:BCS) initiated coverage on Rio Tinto (RIO) . They placed an “Equal Weight” rating on the company.

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