Last nights noteable events:
American Superconducor Corporation (AMSC)
“Traded as low as 12.77 last night, down over 11 before retracing to the -10 $14.75 level – it’s a horrific warning 40m vs 120m, losing a customer that is 70% of their biz not good”
Brean Murray Downgrade – The firm lowered shares from Buy to Hold
.Downgraded to Underperform from Buy at Jefferies
Kilroy Realty Corporation (KRC)
Commences Offering of 4.5 Million Common Shares – Shares Down Nearly 4%
Upgrades Downgrades of note:
Avalon Rare Metals Inc (AVL)
Metals Target Raised To C$8.70 From C$6.30 By Laurentian Bank >AVL
Optimer Pharmaceuticals, Inc (OPTR)
target raised to $17 from $14 at Oppenheimer (Stock Price: 13.80)
Abercrombie & Fitch Co. (ANF) “2 research calls”
price target raised to $74 from $60 at Oppenheimer
price target raised to $80 from $70 at Brean Murray
Charter Communications, Inc. (CHTR)
Raised To Overweight From Equal weight By Morgan Stanley >CHTR
*DISCLOSURE: Long GLD, OCLR, SLV, KRC, GDX; Short AMSC.
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