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Thursday, January 26, 2012

Stock Upgrades and Downgrades : NVDA, ELP, ED, MDC, SCHW, FHN, CHK- 1/26/12

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. 

Nvidia (NVDA) , Wellpoint (ELP), Consolidated Edison (ED), M.D.C. Holdings (MDC) , Charles Schwab ( SCHW) , First Horizon (FHN) and Chesapeake (CHK) were upgraded or downgraded by analysts.

Nvidia (NVDA) upgraded to Positive from Neutral at Susquehann

Wellpoint (ELP) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Wellpoint citing high expectations, execution risk, and better risk profiles elsewhere in the group. Price target lowered to $72 from $87.

Consolidated Edison (ED) upgraded to Hold from Underperform at Jefferies.Jefferies upgraded Consolidated Edision based on valuation. Price target raised to $59.50 from $50.50.

M.D.C. Holdings (MDC) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded M.D.C. Holdings citing valuation and maintains a $21 price target for shares.

Charles Schwab ( SCHW) downgraded to Neutral from Overweight at JP Morgan.JP Morgan downgraded Charles Schwab citing NIM pressure and a challenging sales environment. Price target cut to $10 from $14.

First Horizon (FHN) downgraded to Hold from Buy at Deutsche Bank.Deutsche Bank downgraded First Horizon citing valuation and concerns net interest income may not grow for a few quarters.

Chesapeake (CHK) downgraded to Underweight from Neutral at JP Morgan.JP Morgan upgraded Chesapeake citing lack of catalysts, over-leverage to natural gas, and excessive spending. Price target is $14.50

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