Dallas,Tx 7/8/2010 1:04:52 AM
News / Business

Notable Analyst Stock Upgrades (VMW. JNPR, CVBK)

Stock Upgrades

Goldman Sachs today upgraded VMware Inc. (NYSE: VMW) from Neutral to Buy rating. The price target for the VMware Inc. stock has been raised from $70 to $78.

 

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Following the upgrade by Goldman Sachs, shares of Palo Alto, California-based VMware Inc. climbed in today’s trading. The stock opened at $65.49 and reached an intra-day high of $68.47. It was up 5.28% to $68.23 on volume of 2.22 million, at least check.

The VMware Inc. stock has a 52-week range of $25.75-$73.10. It has a 50-day moving average of $64.77 and a 200-day moving average of $50.95. The support level for the stock is at $63.78, while the resistance level is at $68.57.

 

Piper Jaffray today upgraded Juniper Networks Inc. (NYSE: JNPR) from Neutral to Overweight rating. The price target for the Juniper Networks Inc. stock has been maintained at $31.

Following the upgrade, shares of Juniper Networks Inc. were up in today’s trading. The stock opened at $24.66 and reached an intra-day high of $24.99. It was up 2.91% to $24.79 on volume of 3.27 million, at last check.

The Juniper Networks Inc. stock has a 52-week range of $22.25-$32.16. It has a 50-day moving average of $25.99 and a 200-day moving average of $27.04. The support level for the stock is at $23.62, while the resistance level is at $24.83.

 

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BB&T Capital Markets today upgraded Central Virginia Bankshares (NASDAQ: CVBK) from Underweight to Hold rating.

Shares of Central Virginia Bankshares saw a big surge in today’s trading. The stock opened at $1.19 and reached an intra-day high of $1.75. It was up 45.54% to $1.47 on above average volume of 16,258 at last check.

The Central Virginia Bankshares stock has a 52-week range of $1.01-$4.50. It has a 50-day moving average of $2.03 and a 200-day moving average of $3.20. The support level for the stock is at $0.93, while the resistance level is at $1.49.

 

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