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Tuesday, February 7, 2012

Stock Upgrades and Downgrades : AON, URBN, SOHU, NFX, AUY, FOSL- 2/7/12

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. 

Aon Corp. (AON), Urban Outfitters (URBN), Sohu.com (SOHU), Newfield Exploration (NFX) , Yamana Gold (AUY) and Fossil (FOSL) were upgraded or downgraded by analysts.

Aon Corp. (AON) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded Aon Corp. citing the delay in benefits from the Hewitt acquisition. The firm lowered its price target for shares to $51 from $53.

Urban Outfitters (URBN) downgraded to Sell from Hold at Brean Murray.Brean Murray downgraded Urban Outfitters to Sell and cut estimates below consensus based on expectations for weak comps and margins following all the top management turnover. The firm expects disappointing Q4 comps on Thursday and for its premium multiple to contract. Price target is $23.

Sohu.com (SOHU) downgraded to Neutral from Positive at Susquehanna.

Newfield Exploration (NFX) downgraded to Neutral from Buy at UBS.UBS downgraded Newfield Exploration based on weak volume growth and asset underperformance. Price target lowered to $41 from $44.

Yamana Gold (AUY) downgraded to Hold from Buy at Dahlman Rose.Dahlman Rose downgraded Yamana Gold based on valuation.

Fossil (FOSL) downgraded to Hold from Buy at Brean Murray.Brean Murray downgraded Fossil based on valuation and high Street expectations

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