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Wednesday, February 15, 2012

Stock Upgrades and Downgrades : BAC, ZNGA, KMB, HWD, CYNO, LHO, FOSL, FIO - 2/15/12

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. 

Bank of America (BAC), Zynga (ZNGA), Kimberly Clark (KMB), Harry Winston (HWD), Cynosure (CYNO), LaSalle Hotel (LHO), Fossil (FOSL) and Fusion-io (FIO) were upgraded or downgraded by analysts.

Bank of America (BAC) downgraded to Market Perform from Outperform at Bernstein.Bernstein downgraded Bank of America based on valuation. Price target remains $9

Zynga (ZNGA) downgraded to Neutral from Outperform at RW Baird.Baird downgraded Zynga based on valuation. Price target raised to $13 from $12.

Kimberly Clark (KMB) downgraded to Neutral from Buy at Janney Capital.Janney Capital downgraded Kimberly Clark based on reduced margin visibility and valuation. Price target is $74.

Harry Winston (HWD) initiated with a Buy at Citigroup.Target $15.

Cynosure (CYNO) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded Cynosure following the company's better than expected Q4 results and raised its price target for shares to $22 from $13.

LaSalle Hotel (LHO) downgraded to Neutral from Outperform at RW Baird.Baird downgraded the hotel sector to market weight based on full valuations. Baird downgraded the hotel sector based to market weight based on full valuations. Price target raised to $28 from $27.

Fossil (FOSL) downgraded to Hold from Buy at Benchmark Co..Benchmark Co. downgraded Fossil based on valuation.

Fusion-io (FIO) upgraded to Buy from Hold at Benchmark Co..Benchmark Co. upgraded Fusion-io based on valuation and long-term growth prospects. Price target is $30.

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