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Thursday, July 12, 2012

Top Analyst Upgrades & Downgrades: SunPower (NASDAQ: SPWR),Canadian Solar (NASDAQ: CSIQ), SUPERVALU (NYSE: SVU), Smithfield Foods (NYSE: SFD)- 7/12/12

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.

Piper Jaffray upgraded SunPower (NASDAQ: SPWR) from Neutral to Overweight with a price target of $6.50.Shares of SunPower closed at $4.60 yesterday, with a 52 week range of $4.51-$9.54.

Piper Jaffray upgraded Canadian Solar (NASDAQ: CSIQ) from Neutral to Overweight with a price target of $5.00.Shares of Canadian Solar closed at $3.48 yesterday, with a 52 week range of $2.07-$10.18.

Longbow Research downgraded SUPERVALU (NYSE: SVU) from Buy to Neutral.Shares of SUPERVALU closed at $5.29 yesterday, with a 52 week range of $4.05-$9.44.

BofA/Merrill Lynch downgraded Smithfield Foods (NYSE: SFD) from Buy to Underperform.Shares of Smithfield Foods closed at $19.54 yesterday, with a 52 week range of $17.79-$25.12.


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