EdgeWater 12/18/2010 1:49:16 AM
News / Business

Upgraded Stocks To Watch (IBKR, SPRD, CBS Corporation, Southwest Airlines)

Upgraded Stocks To Watch

Interactive Brokers Group, Inc. (NASDAQ:IBKR) added 1.03% to $17.45. Keefe, Bruyette & Woods upgraded Interactive Brokers Group from Underperform to Market Perform. The price target was increased $2 to $17.

The stock has average daily volume of 519K shares. At current market price, the market capitalization of the company stands at $736.78 million.

Spreadtrum Communications, Inc. (NASDAQ:SPRD) rose 5.42% to $18.28. The 52-week range of the stock is $5.08-$18.38. Auriga upgraded Spreadtrum Communications to a Buy rating from its previous rating of Hold. The firm has a price target of $20.50 on the stock.

The stock opened at $17.86 and is trading within the range of $17.73-$18.38. The stock made its fresh one-year high of $18.38.

CBS Corporation (NYSE:CBS) jumped 3.17% to $18.57 after it made its new 52-week high of $18.77. BofA/Merrill Lynch upgraded CBS from Neutral to Buy.

The 52-week range of the stock is $12.26-$18.77. The stock added more than 32% year-to-date.  The stock has average daily volume of 9.99 million shares.

Southwest Airlines Co. (NYSE:LUV) gained 1.74% to $12.86. Soleil Securities upgraded Southwest Airlines from Hold to Buy, with a price target of $15.

The average daily volume of the stock is 5.36 million shares. At current market price, the market capitalization of the company stands at $9.62 billion.

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