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Thursday, August 30, 2012

Top Analyst Upgrades & Downgrades: Cenovus Energy Inc. (NYSE: CVE), Pandora (NYSE: P), Yingli Green Energy (NYSE: YGE) , Nexen Inc. (NYSE: NXY), Oncolytics Biotech (NASDAQ: ONCY) - 8/30/12

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.
 
Barclays upgraded Cenovus Energy Inc. (NYSE: CVE) from Equalweight to Overweight with a price target of $41.00 (from $41.00).Shares of Cenovus Energy Inc. closed at $32.58 yesterday, with a 52 week range of $27.15-$39.81.

SunTrust Robinson Humphrey upgraded Pandora (NYSE: P) from Neutral to Buy.Shares of Pandora closed at $10.08 yesterday, with a 52 week range of $7.83-$15.97.

ThinkEquity downgraded Yingli Green Energy (NYSE: YGE) from Hold to Sell with a price target of $1.00 (from $3.00).Shares of Yingli Green Energy closed at $1.85 yesterday, with a 52 week range of $1.50-$6.57.

Barclays downgraded Nexen Inc. (NYSE: NXY) from Overweight to Equalweight with a price target of $27.00 (from $24.00).Shares of Nexen Inc. closed at $25.41 yesterday, with a 52 week range of $13.63-$26.21.

Stifel Nicolaus initiates coverage on Oncolytics Biotech (NASDAQ: ONCY) with a Buy. PT $6.00.Shares of Oncolytics Biotech closed at $2.64 yesterday, with a 52 week range of $2.50-$5.86.


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