Major Stock Upgrades (DRIV, BKE, BIDU, KSP) :by Penny Stock Pick Report

Digital River, Inc. (NASDAQ:DRIV) shares climbed 3.80% to $31.16 following the stock was upgraded by Wedbush to “Outperform” from “Neutral.”  The firm also raised the price target by $8 to $36.

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The upgrades came after two large contract signed that should fill the remaining revenue void from the departure of Symantec.

Digital River, Inc. is engaged in providing end-to-end global e-commerce and marketing solutions to a variety of companies in software, consumer electronics, computer games, video games, and other markets.

Shares of The Buckle, Inc. (NYSE:BKE) are seeing increased buying pressure following KeyBanc  upped the company’s rating to “Hold” from “Underweight”.

KeyBanc analyst says, "Fundamentally, Buckle is a well managed company. Our UNDERWEIGHT thesis was predicated on a well-managed company that was likely to see comp deceleration due to difficult comparisons. Since the beginning of FY10, on a monthly basis, 71% of the comps have been negative...Despite what we think is a multi-quarter margin compression cycle, we think that the likelihood of a special dividend and high short interest in Buckle lead us to step to the sidelines, for now."

Shares of BKE climbed 4.74% to $27.41 on very heavier than the average volume.

Baidu.com, Inc. (ADR) (NASDAQ:BIDU) was upgraded by Samsung Securities to Three-Star Buy rating.

Samsung analyst says, "Besides continuing to improve the quality of its search engine and expanding its internet search ad revenues, Baidu’s CEO, Robin Li, discussed Baidu’s plans to derive revenues through third-party applications in its Box Computing initiative...We also believe that Baidu’s Phoenix Nest platform and strong customer growth will drive strong revenue growth during 2H...We believe the market will be pleased to hear that 3Q remains on track, and shares are likely to trade up on the back of positive commentary post this conference."

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Shares of BIDU fell 1.68% to $84 in the opening session.

Shares of K-Sea Transportation Partners L.P. (NYSE:KSP) soared 8.20% to $27.41 following Stifel Nicolaus upped the company’s rating to “Hold” from “Sell”

K-Sea Transportation Partners L.P. is a provider of marine transportation, distribution and logistics services for refined petroleum products in the United States.

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