Stock update on Major Stock Downgrades (FDO, RCI, TSL)

SAIC, Inc. (NYSE:SAI) shares slid marginally to $14.98 after it was downgraded at Pacific Crest to Sector Perform from Outperform following news from this morning that the company has won an intelligence operations support contract from the US Army.

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

The median Wall Street price target on the stock is $21 and the high target is set at $24 with majority of analysts have a Buy rating on the company’s stock. The stock is trading below both the 50- Day Moving Average and 200-Day Moving Average prices are $16.45 and $17.64 respectively.

SAIC, Inc. (SAIC) is a provider of scientific, engineering, systems integration and technical services and solutions to all branches of the United States military, agencies of the United States Department of Defense (DoD).

WebMD Health Corp. (NASDAQ:WBMD) shares also downgraded by Raymond James from “Outperform” to “Market Perform”.

The median Wall Street price target on the stock is $50 and the high target is set at $60 with majority of analysts have a Buy rating on the company’s stock. The stock is trading below both the 50- Day Moving Average and 200-Day Moving Average prices are $48.52 and $46.44 respectively.

WebMD Health Corp. (WebMD) is a provider of health information services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals and health-focused publications.

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

Medtronic, Inc. (NYSE:MDT) shares are up over 0.53% despite analysts at UBS rerated the stock to Neutral from Buy earlier. The firm also reduced the price target by $20 to $33.

Shares of Medtronic sold-off by nearly 11% on Tuesday of this week following the company's Q1 results on that morning. The stock rebounded modestly yesterday (about 2%) and is indicated flat today.

Medtronic, Inc. (Medtronic) is a medical technology company. The Company is engaged in research, design, manufacture and sale of products to alleviate pain, restore health and extend life.

About http://www.PennyStockPickReport.com

Penny Stock Pick Report offers stock update 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.