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Analyst Upgrades, Downgrades and Initiations: ACTU, EWBC, FINL, FTNT, GIII, HOTT, RAME ...

Analyst Upgrades

  • B. Riley upgraded Hot Topic (HOTT), citing valuation, increased holiday traffic once promotions began, and views upcoming difficult Q4/Q1 comps as a buying opportunity ahead of a turnaround. The firm has a target of $8.30 on shares.
  • Wunderlich upgraded RAM Energy (RAME) as it believes that the company has successfully survived a difficult year. The firm thinks the company's debt level is high but manageable while its production should increase over the next several years. The firm set a $4 target on shares.
  • Roth Capital upgraded Actuate (ACTU), citing recent share weakness, the recent Xenos deal and the improving economy, both of which should improve growth. The firm has a target of $5.50 on the shares.
  • Finish Line (FINL) upgraded to buy from neutral at Stern Agee.

Continue reading Analyst Upgrades, Downgrades and Initiations: ACTU, EWBC, FINL, FTNT, GIII, HOTT, RAME ...

Symbol Lookup
IndexesChangePrice
DJIA-44.7312,485.02
NASDAQ-1.522,837.86
S&P 500-0.651,320.03

Last updated: May 25, 2012: 01:01 PM

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