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Friday, January 6, 2012

Stock Upgrades and Downgrades : PANL, FFIV, GLW, ARMH, WAT, ILMN, MTD, FDX, UPS, PNC, FMER - 1/6/12

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. 

Universal Display (PANL), F5 Networks (FFIV), Corning (GLW), ARM Holdings (ARMH), Waters (WAT), Illumina (ILMN) Mettler-Toledo (MTD), FedEx (FDX) , UPS (UPS),PNC Financial (PNC),FirstMerit (FMER)  were upgraded or downgraded by analysts. 

Universal Display (PANL) initiated with a Buy at KeyBanc.KeyBanc expects Universal Display to have substantial earnings growth driven by OLED adoption in handsets, followed by notebooks, TVs and general lighting. Target $45.

F5 Networks (FFIV) reinitiated with an Outperform at Morgan Keegan.

Corning (GLW) initiated with a Hold at KeyBanc.

ARM Holdings (ARMH) coverage assumed with a Neutral at Nomura

Waters (WAT) initiated with a Buy at Cantor Target $86.

Illumina (ILMN) initiated with a Hold at Cantor Target $35. 

Mettler-Toledo (MTD) initiated with a Buy at Cantor Target $175.

FedEx (FDX) initiated with an Outperform at Wells Fargo Price target range $102-$106.

UPS (UPS) initiated with a Market Perform at Wells Fargo Price target range $80-$82

PNC Financial (PNC)  downgraded to Perform from Outperform at Oppenheimer Oppenheimer downgraded PNC Financial citing valuation.

FirstMerit (FMER) downgraded to Perform from Outperform at Oppenheimer
Oppenheimer downgraded FirstMerit citing valuation.

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