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Wednesday, January 11, 2012

Stock Upgrades and Downgrades :NYX, MMM, GM, VMED, KO, ROK, HBAN - 1/11/12

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. 

NYSE Euronext (NYX), 3M Company (MMM), General Motors (GM),Virgin Media (VMED),Coca-Cola (KO), Rockwell Automation (ROK), Huntington Bancshares (HBAN) were upgraded or downgraded by analysts. 

NYSE Euronext (NYX) downgraded to Market Perform from Outperform at Keefe Bruyette.Keefe Bruyette downgraded NYSE Euronext (NYX) with a $30 price target citing low probability of the merger with Deutsche Boerse (DBOEY) passing the European competition committee and reduced earnings estimates.

3M Company (MMM) downgraded to Sell from Neutral at Goldman.Goldman downgraded 3M citing lack of near-term catalysts. Price target raised to $87 from $82.

General Motors (GM) upgraded to Overweight from Neutral at Piper Jaffray.Piper Jaffray upgraded General Motors after attending the North American International Auto Show citing the company's solid product lineup and momentum in China. The firm raised its price target for GM shares to $31 from $24.50.

Virgin Media (VMED) upgraded to Outperform from Neutral at Macquarie.Macquarie upgraded Virgin Media based on valuation and expectations that Q4 results to be a catalysts for shares

Coca-Cola (KO) downgraded to Neutral from Buy at UBS.UBS downgraded Coca-Cola citing rich valuation, moderating volumes, and FX headwinds. Price target lowered to $70 from $73

Rockwell Automation (ROK) upgraded to Conviction Buy from Neutral at Goldman Goldman upgraded Rockwell based on stronger organic growth and relative valuation. Price target raised to $89 from $81.

Huntington Bancshares (HBAN) initiated with a Neutral at RW Baird Target $6.

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