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Friday, December 9, 2011

Stock Upgrades and Downgrades: MCP, JDSU, POM, MWV, SURG, YUM, COST, WFR, MOS, GBX - 12/9/11

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. 

Molycorp (MCP) , JDSU (JDSU), PEPCO Holdings (POM), MeadWestvaco (MWV), Synergetics USA (SURG), Yum! Brands (YUM) , Costco (COST)Yahoo! (YHOO), MEMC Electronic (WFR), Mosaic (MOS), Greenbrier (GBX) were upgraded or downgraded by analysts.

Molycorp (MCP) initiated with a Hold at ThinkEquity Target $30.

JDSU (JDSU) initiated with a Buy at UBS Target $13.

PEPCO Holdings (POM) upgraded to Outperform from Neutral at Credit Suisse Credit Suisse upgraded Pepco Holdings citing expectations for an earnings recovery string with its pending rate cases. Price target raised to $23 from $18.50. 

MeadWestvaco (MWV) initiated with an Outperform at RW Baird Target $36.

Synergetics USA (SURG) initiated with a Buy at Wunderlich Target $8

Yum! Brands (YUM) upgraded to Outperform from Market Perform at Bernstein.They upgraded Yum! Brands citing strong demand in China, sustainable unit growth in China, and expectations for a comp recovery at Taco Bell in the U.S. Price target raised to $70 from $57.

Costco (COST) downgraded to Negative from Neutral at Susquehanna

Yahoo! (YHOO) initiated with a Market Perform at BMO Capital Target $17.

MEMC Electronic (WFR) upgraded to Buy from Neutral at Collins Stewart.They upgraded MEMC Electronic citing valuation. Price target remains $5.

Mosaic (MOS) downgraded to Neutral from Overweight at JP Morgan.They  downgraded Mosaic citing the decline in Phosphate prices and volumes. Price target lowered to $57 from $62.

Greenbrier (GBX) initiated with an Overweight at Stephens Target $28.

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