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Wednesday, January 25, 2012

Stock Upgrades and Downgrades :NVDA, ORCL, ALU, KEY, ZNGA, POT, RF - 1/25/12

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), Oracle (ORCL), Alcatel-Lucent (ALU), KeyCorp (KEY), Zynga (ZNGA), Potash (POT) and Regions Financial (RF) were upgraded or downgraded by analysts.

Nvidia (NVDA) downgraded to Underperform from Market Perform at JMP Securities.JMP Securities downgraded Nvidia citing its reduced outlook due to HDD supply disruptions and lower than expected Tegra 2 sales. Price target is $12.50.

Oracle (ORCL) downgraded to Neutral from Outperform at Macquarie.Macquarie downgraded Oracle based on reduced Exadata growth forecast, high Street expectations, and aggressive hiring and reduced productivity. Price target is $31.

Alcatel-Lucent (ALU) upgraded to Hold from Sell at Societe Generale.

KeyCorp (KEY) downgraded to Underperform from Market Perform at Keefe Bruyette.Keefe Bruyette downgraded KeyCorp with an $8 price target citing valuation and limited earnings growth.

Zynga (ZNGA) initiated with a Buy at Goldman.Target $13.

Potash (POT) downgraded to Sell from Hold at Dahlman Rose.Dahlman Rose downgraded Potash due to weakening fundamentals, higher costs from mine shutdowns, and deterioration in the global supply/demand balance. Price target is $41.

Regions Financial (RF) upgraded to Outperform from Sector Perform at RBC Capital.RBC Capital upgraded Regions Financial citing the solid quarter, valuation, and credit improvement. Price target raised to $7 from $4. 

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