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Friday, January 6, 2012

Stock Upgrades and Downgrades : RFMD, MOTR, PH, ROG, KKD - 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. 

RF Micro Devices (RFMD), Motricity (MOTR), CME Group (CME), Philip Morris (PM), Rogers Corp (ROG), Krispy Kreme (KKD) were upgraded or downgraded by analysts. 

RF Micro Devices (RFMD) downgraded to Perform from Outperform at Oppenheimer.Oppenheimer downgraded RF Micro Devices after the company lowered its December quarter guidance. The firm expects shares to be weak as expectations are reset.

Motricity (MOTR) downgraded to Neutral from Overweight at JP Morgan.

CME Group (CME) downgraded to Neutral from Overweight at JP Morgan.JP Morgan downgraded CME Group citing 2012 volume risk if high volatility does not repeat itself. Price target cut to $270 from $288.

Philip Morris (PM) downgraded to Neutral from Buy at Davenport.Davenport downgraded Philip Morris based on valuation.
 
Rogers Corp (ROG) downgraded to Hold from Buy at ThinkEquity.ThinkEquity downgraded Rogers Corp. citing the magnitude of its negative per-announcement. Price target cut to$34 from $47.

Krispy Kreme (KKD) upgraded to Overweight from Equal Weight at Stephens.Stephens upgraded Krispy Kreme with an $8.50 price target citing the company's growing business and potential for topping consensus estimates.

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