EdgeWater 12/9/2010 1:39:13 AM
News / Business

Notable Stock Upgrades (Red Hat, Dominion Resources, ISIL, FWLT)

Notable Stock Upgrades

Red Hat, Inc. (NYSE:RHT) added 1.03% to $47.99. The 52-week range of the stock is $26.51-$49.  An analyst at RBC Capital upgraded shares of Red Hat from Sector Perform to Outperform this morning. The firm also boosted its pricetarget by nearly 43% from $40 to $57.

The stock has average daily volume of 2.03 million shares. At current market price, the market capitalization of the company stands at $9.15 billion.

Dominion Resources, Inc. (NYSE:D) slid 0.31% to $41.77. Morgan Stanley upgraded Dominion Resources, Inc. from Underweight to Equalweight.

The stock opened at $42.06 and is trading within the range of $41.76-$42.35. The stock added more than 7% year-to-date.

Intersil Corporation (NASDAQ:ISIL) jumped 2.21% to $15.25. Canaccord Genuity upgraded Intersil to a Buy rating from its previous rating of Hold. The firm is also raising their price target on the company to $18 from $12.  

The stock has average daily volume of 2.43 million shares.

Foster Wheeler Ltd. (NASDAQ:FWLT) rose 3.33% to $31.62. Goldman Sachs upgraded Foster Wheeler from Neutral to Buy and raises their price target from $26 to $38.  

The average daily volume of the stock is 2.93 million shares. At current market price, the market capitalization of the company stands at $3.90 billion.

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