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Monday, February 13, 2012

Stock Upgrades and Downgrades : BCS, NVDA, MWW, NYX, NE, NGLS - 2/13/12

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. 

Barclays (BCS), NVIDIA (NVDA) , Monster Worldwide (MWW), NYSE Euronext (NYX), Noble Corporation (NE)  and Targa Resource Partners (NGLS) were upgraded or downgraded by analysts.

Barclays (BCS) downgraded to Hold from Buy at Societe Generale.Societe Generale downgraded Barclays citing valuation.

NVIDIA (NVDA) upgraded to Outperform from Market Perform at FBR Capital.FBR Capital ahead of the February 27 Mobile World Congress which will act as a catalyst and believes NVIDIA (NVDA) has won Tegra 3 design wins in the HTC Edge, displacing Qualcomm (QCOM), and LG X3 smartphones. The firm believes shares are at the bottom of the range and raised its price target to $20 from $17.

Monster Worldwide (MWW) downgraded to Sell from Neutral at Citigroup.Citigroup downgraded Monster Worldwide to Sell citing competitive concerns and the company's weak Q4 results. Citi lowered its price target for shares to $6 from $8.

NYSE Euronext (NYX)  coverage resumed with a Neutral at Citigroup.Price target lowered to $29 from $39.

Noble Corporation (NE) upgraded to Buy from Neutral at Goldman.Goldman upgraded shares based on expectations for continued increases for both floaters and jack-ups dayrates. Price target raised to $46 from $37.

Targa Resource Partners (NGLS) initiated with a Neutral at RW Baird.Target $41

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