Dallas,Tx 6/28/2010 11:00:43 PM
News / Business

Stock News on Major Stock Upgrades (ADOW, MHS, WSM RIMM)

Stock News

 

The Dow Chemical Company (NYSE:DOW) fell 0.56% to $25.04 in the opening session after analyst at Deutsche Bank upgraded the company’s stock to “Buy” from “Hold”. The firm raised the price target by $2 to $32. The firm also boosted EPS estimate to $1.70 from $1.50 in 2010 and 2011 estimate is $2.55, compared to its previous estimation of $2.45.

 

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

 

So far this year, the stock has underperformed the wider market and slid over 10%. The stock has been moving within a range of $14.22-$32.05 over the past 52-week.

 

Medco Health Solutions Inc. (NYSE:MHS) fell 0.25% to $56.55. This morning, Goldman Sachs added the stock to its Conviction Buy List. So far in 2010, the stock fallen more than 11% in the last six months of trading sessions.

Medco Health Solutions, Inc. (Medco) is a healthcare company. It provides clinically-driven pharmacy services designed to improve the quality of care and lower total healthcare costs for private and public employers.

 

Williams-Sonoma, Inc. (NYSE:WSM) was added by Wells Fargo from “Market Perform” to “Outperform.” The Firm set its valuation range of $31-$32.

The median Wall Street price target on the stock is $32 and the high target is set at $40 with majority of analysts have a Hold rating on the company’s stock. The 50- Day Moving Average and 200-Day Moving Average prices are $28.04 and $24.86 respectively.

 

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

 

Shares of WSM climbed 1.67% to $25.51 in the opening session.

 

Research In Motion Limited (USA) (NASDAQ:RIMM) jumped 0.50% to $52.48 in the opening session after analyst at Raymond James upgraded the company’s stock to “Outperform” from “Market Perform”. Shares of RIMM was down over 11% after the company disappointed investors in its first quarter results.

 

About http://www.pennystockpickreport.com/

 

Penny Stock Pick Report offers stock news on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.