Stocks Gaining Momentum (SD, ZQK, TIF, WNR, NSM)
NEW YORK, January 9,2013 (MESHPRESS) – Beststocksdaily.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
SandRidge Energy Inc. (NYSE:SD) shares jumped 2.50% to $6.97 in the last trading session. SD’s stock was downgraded by equities research analysts at Wunderlich from a “buy” rating to a “hold” rating in a research note issued to investors on Jan. 2. They currently have a $7.00 price target on the stock, down from their previous price target of $9.00. Additionally, analysts at KeyBanc Capital Mkts downgraded shares of SandRidge Energy from a “buy” rating to a “hold” rating in a research note to investors on December 20.
Can SD Continue To Move Higher? Find Out Here
Quiksilver, Inc. (NYSE:ZQK) stock increased 2.46% to $5.42 after Goldman Sachs Group upgraded its rating and price estimate at the present that the surf-and-skate-inspired clothing and shoe corporation is under fresh leadership. Goldman Sachs Group analyst Taposh Bari upgraded Quiksilver to “Buy” from “Neutral” and improved its price estimate to $6.50 from $4.
Additionally, the company, on Jan. 3, announced that its Board of Directors has appointed Andy Mooney as President and Chief Executive Officer, succeeding Quiksilver’s co-founder Bob McKnight, who has been named Executive Chairman. Mooney will also join the Quiksilver Board of Directors. All of these changes will become effective January 11, 2013.
Can ZQK Extend Jump? Find Out Here
Tiffany & Co. (NYSE:TIF) shares jumped 2.45% to $62.60 in the last trading session. The company, last week, renewed its licensing contract with Italian jewelry designer Elsa Peretti, and will pay a one-time fee of more than $47.2 million, plus annual payments over the next 20 years.
Additionally, TIF‘s stock had its “outperform” rating reaffirmed by Oppenheimer in a research note issued on Jan. 3. They currently have a $75.00 price target on the stock.
Can TIF Extend Rally? Find Out Here
Western Refining, Inc. (NYSE:WNR) shares increased 2.45% and closed at $27.60 in the previous trading session. The company will announce earnings results for the fourth quarter and full year ended December 31, 2012, on Thursday, February 28, 2013, before the open of trading on the New York Stock Exchange. The Company has scheduled a conference call for February 28, 2013, at 10:00 am ET to discuss these results.
Additionally, the company announced that Company management will participate in the Goldman Sachs Global Energy Conference 2013 in Miami, on Wednesday, January 9, 2013. Company management will also participate in the Deutsche Bank US Independent Refining Conference, on January 10, 2013, in Boston.
Will WNR Bounce Back? Get Free Trend Analysis Here
Nationstar Mortgage Holdings Inc (NYSE:NSM) shares climbed 2.45% to $39.78 after the company said its wholly-owned unit, Nationstar Mortgage LLC, would acquire around $215 billion in residential mortgage servicing rights or “MSRs”, as measured by unpaid principal balance or UPB as of November 30, 2012, and certain other assets from Bank of America.
Can NSM Extend Rally? Find Out Here
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