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Wednesday, February 1, 2012

Stock Upgrades and Downgrades : BX, AMCC, JACK, WEN, AIS, VT, ISS - 2/1/12

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. 


Blackstone (BX), Applied Micro Circuits (AMCC), Jack in the Box (JACK), Wendy's (WEN), Antares (AIS), Vancelnfo (VT) and SoftStone (ISS) were upgraded or downgraded by analysts.

Blackstone (BX) initiated with a Buy at Deutsche Bank.Target $19.

Applied Micro Circuits (AMCC) downgraded to Perform from Outperform at.Oppenheimer. Oppenheimer downgraded Applied Micro Circuits citing valuation and increased development costs associated with X-Gene.

Jack in the Box (JACK) initiated with a Buy at Lazard Capital.Target $28.

Citigroup (C) upgraded to Outperform from Market Perform at Wells Fargo.Wells Fargo upgraded Citigroup citing valuation, improved operating leverage and increased capital flexibility. The firm raised its target range for shares to $35-$37 from $28-$30.

Wendy's (WEN) downgraded to Neutral from Buy at Roth Capital.Following Wendy's Analyst Day presentation, Roth Capital downgraded shares citing the extended rollout of its breakfast program and its costly remodel effort, which should impact earnings near-term. Price target is $5.

Antares (AIS) upgraded to Buy from Neutral at Roth Capital.Roth Capital upgraded Antares citing its improved financial position, platform opportunities, and potential advancement of key products. Price target is $3.50.

Vancelnfo (VT) initiated with a Buy at Roth Capital.Target $16.50.

SoftStone (ISS) initiated with a Buy at Roth Capital.Target $14.50.

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