Progress Energy (NYSE: PGN), Buckeye (NYSE: BPL), LRR Energy, L.P. (NYSE: LRE), Caterpillar (NYSE: CAT) and Research In Motion Ltd. (NASDAQ: RIMM) were upgraded or downgraded by analysts.
Canaccord Genuity downgraded Progress Energy (NYSE: PGN) from Buy to Hold.Shares of Progress Energy closed at $60.18 yesterday, with a 52 week range of $42.05-$60.94.
Oppenheimer downgraded Buckeye (NYSE: BPL) from Outperform to Perform.Shares of Buckeye closed at $51.46 yesterday, with a 52 week range of $44.55-$68.45.
Oppenheimer downgraded LRR Energy, L.P. (NYSE: LRE) from Outperform to Perform.Shares of LRR Energy, L.P. closed at $14.72 yesterday, with a 52 week range of $12.25-$28.55.
Raymond James downgraded Caterpillar (NYSE: CAT) from Outperform to Market Perform with a price target of $95.00 (from $130.00).Shares of Caterpillar closed at $82.63 yesterday, with a 52 week range of $67.54-$116.95.
BofA/Merrill Lynch downgraded Research In Motion Ltd. (NASDAQ: RIMM) from Neutral to Underperform.The firm said risk of "total value destruction" over the next few years is possible. They see service revenues declining substantially over the coming quarters.Shares of Research In Motion Ltd. closed at $9.13 yesterday, with a 52 week range of $8.83-$33.54.
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/