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Tuesday, December 6, 2011

Stock Upgrades and Downgrades: OPEN, PCS, PDCO, GE, TXN - 12/6/11

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. 

OpenTable (OPEN), Altria Group (MO), Metro PCS (PCS), Patterson Companies (PDCO), General Electric (GE)  and Texas Instruments(TXN)  were upgraded or downgraded by analysts.

OpenTable (OPEN) initiated with a Neutral at Piper Jaffray.The firm placed Target $38

Altria Group (MO) initiated with a Buy at Deutsche Bank. Deutsche Bank says Altria has the most attractive valuation in the group and calls the stock its top pick in Tobacco. The firm placed a $31 price target on shares.

MetroPCS(PCS)- upgraded to Outperform from Market Perform at William Blair William Blair upgraded MetroPCS citing valuation and expectations for improved performance in Q4 and 2012.

Patterson Companies (PDCO) initiated with a Hold at Deutsche Bank.Target $31.50.

General Electric (GE) upgraded to Outperform from Market Perform at Bernstein. Price target raised to $21 from $19.

Texas Instruments(TXN) upgraded to Outperform from Market Perform at JMP Securities. Price target is $36.

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