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Thursday, June 28, 2012

Top Analyst Upgrades & Downgrades: WDC, STX, MRVL, HTCH, LSI - 6/28/12

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms today.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.

ThinkEquity and JPMorgan, Barclays' Ben Reitzes has issued a downbeat note about Seagate (STX -6.6%) and Western Digital (WDC -4.6%). Reitzes says checks indicate PC build activity was weaker than expected in Q2, and thinks notebook drive sales could disappoint. Also: hard drive assembly supplier Hutchinson (HTCH -11.7%) has issued a June quarter warning. Hard drive chipmakers LSI (LSI -3.7%) and Marvell (MRVL -3.4%) are also underperforming.


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