EdgeWater 11/30/2010 12:24:06 AM
News / Business

Upgraded Stocks In Focus (Akamai Technologies, AEO, SHO)

Upgraded Stocks In Focus

Akamai Technologies, Inc. (NASDAQ:AKAM) surged 0.49% to $51.78. This morning, an analyst at Lazard Capital has upgraded the stock from Hold to Buy. The firm set a $60 price target on the stock.

The 52-week range of the stock is $23.40-$54.39. At current market price, the market capitalization of the company stands at $9.44 billion.

American Eagle Outfitters (NYSE:AEO) gained 1.07% to $17.08. Janney Montgomery Scott upgraded American Eagle Outfitters from Neutral to Buy and raised their price target from $17 to $20, citing ongoing controlled inventory and a strong Black Friday showing, which could result in upward earnings revisions.

The average daily volume of the stock is 5.11 million shares. At current market price, the market capitalization of the company stands at $3.34 billion.

Sunstone Hotel Investors, Inc (NYSE:SHO) is trading 1.34% higher at $9.86. Stifel Nicolaus upgraded Sunstone Hotel Investors to a Buy rating from its previous rating of Hold. The firm also changed their price target on the company to $12.

The stock opened at $9.84 and is trading within the range of $9.76-$9.96. At current market price, the market capitalization of the company stands at $971.33 million.]

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html