Analysts Issue Positive Ratings on These Stocks June 24th

Following is information on analysts’ stock upgrades for June 24th, 2011:

  • Kodiak Oil & Gas (AMEX:KOG): BMO Capital Markets has upgraded the stock from Market Perform to Outperform.  The shares are trading at $5.30 and have traded in a 52-week range of $2.43 to $7.70.  Its market capitalization is $949.64 million.  About the company:   Kodiak Oil & Gas Corporation explores for oil and natural gas in the western United States. Competitors to Watch: Brigham Exploration Co. (NASDAQ:BEXP), Voyager Oil & Gas, Inc. (VOG), Oasis Petroleum Inc. (NYSE:OAS), GeoResources, Inc. (NASDAQ:GEOI), Encore Energy Partners LP (NYSE:ENP), Bill Barrett Corporation (NYSE:BBG), Gasco Energy, Inc. (AMEX:GSX), Delta Petroleum Corp. (NASDAQ:DPTR), Chevron (NYSE:CVX), Chesapeake (NYSE:CHK), ExxonMobil (NYSE:XOM) and BP plc (NYSE:BP)
  • Diamond Offshore (NYSE:DO): FBR Capital has upgraded the stock from Market Perform to Outperform.  The shares are trading at $69.26, and have traded in a 52-week range of $57.76 to $81.19.  Its market capitalization is $9.63 billion.  About the company: Diamond Offshore Drilling, Inc. drills offshore oil and gas wells on a contract basis. The Company is a world-wide deep water driller that serves markets that include the deep water, harsh environment, conventional semisubmersible and jack-up markets. Competitors to Watch: Pride International, Inc. (NYSE:PDE), Transocean LTD (NYSE:RIG), Patterson-UTI Energy, Inc. (NASDAQ:PTEN), Helmerich & Payne, Inc. (NYSE:HP), Noble Corporation (NYSE:NE), ENSCO PLC (NYSE:ESV), Atwood Oceanics, Inc. (NYSE:ATW), Vantage Drilling Company (AMEX:VTG), Seahawk Drilling, Inc. (NASDAQ:HAWK), and Hercules Offshore, Inc. (NASDAQ:HERO).
  • Constellation Energy (NYSE:CEG): Wunderlich has upgraded the stock from Hold to Buy.  The shares are traded at $37.11, and have traded in a 52-week range of $27.64 to $37.85.  Its market capitalization is $7.54 billion.  About the company:  Constellation Energy Group Inc. is public utility holding company. The Company, through its subsidiaries, develops, owns, and operates electric generation facilities located in various regions of the United States as well as operates an electric transmission and distribution utility company and a gas distribution utility company. Competitors to Watch: Calpine Corporation (NYSE:CPN), NRG Energy, Inc. (NYSE:NRG), Dynegy Inc. (NYSE:DYN), Exelon Corporation (NYSE:EXC), ALLETE, Inc. (NYSE:ALE), ITC Holdings Corp. (NYSE:ITC), Integrys Energy Group, Inc. (NYSE:TEG), The AES Corporation (NYSE:AES), Pepco Holdings, Inc. (NYSE:POM), and American Electric Power Co., Inc. (NYSE:AEP)
  • Raymond James (NYSE:RJF): Ticonderoga has upgraded the stock from Neutral to Buy.  The shares are trading at $31.41 and have traded in a 52-week range of $22.91 to $39.68.  Its market capitalization is $3.97 billion.  About the company: Raymond James Financial, Inc. provides financial services to individuals, corporations, and municipalities through its subsidiary investment firms. The Company operates throughout the United States, Canada and overseas. Competitors to Watch: Charles Schwab Corp. (NYSE:SCHW), TD AMERITRADE Holding Corporation (NASDAQ:AMTD), optionsXpress Holdings, Inc. (NASDAQ:OXPS), E Trade (NASDAQ:ETFC), and Interactive Brokers Group, Inc. (NASDAQ:IBKR).
  • Artio Global Investors (NYSE:ART): Ticonderoga has upgraded the stock from Sell to Neutral.  The shares are trading at $11.40 and have traded in a 52-week range of $11.16 to $18.29.  Its market capitalization is $679.56 million.  About the company: Artio Global Investors Inc., through an indirect registered investment adviser subsidiary, actively manages investments primarily for institutional and intermediary clients. The Company offers International Equity as well as a select group of other investment strategies including High Grade Fixed Income, High Yield, Global Equity and a series of US Equity strategies.

(Note: Selected financial data are sourced from Yahoo! Finance.  All data are assumed to be accurate.)

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