Stock Upgrades or Downgrades in Final Trading Days of December

Here are companies for which stock analysts either upgraded or downgraded the shares on December 23rd:

Upgrades

Volcano (NASDAQ:VOLC): Barrington Research upgraded its rating on this company from Mkt Perform to Outperform and changed its price target to $31. About the company: Volcano Corporation develops, manufactures, and commercializes medical devices. The Company’s products include intravascular ultrasound (IVUS) catheters and Functional Measurement guide wires used to diagnose and assess diseases of the coronary and peripheral vasculature. Get the most recent company news and stock data here >>

Downgrades

American Eagle (NYSE:AEO): Standpoint Research downgraded its rating on this company from Buy to Hold. About the company: American Eagle Outfitters, Inc. retails men’s and women’s casual apparel, footwear, outerwear, and accessories. The Company’s products include jeans, khakis, T-shirts, and other similar apparel. American Eagle operates in the United States. Get the most recent company news and stock data here >>

RAM Energy Resources (RAM): Rodman & Renshaw downgraded its rating on this company from Mkt Outperform to Mkt Perform. Get the most recent company news and stock data here >>

City Holding Co (NASDAQ:CHCO): Stifel Nicolaus downgraded its rating on this company from Buy to Hold and changed its price target to $35 >>. About the company: City Holding Company is a multi-bank holding company. The Banks provide diversified financial products and services to consumers and local businesses in West Virginia, Ohio, and California. City Holding provides credit, deposit, investment advisory, securities brokerage, insurance, and technology products and services. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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To contact the reporter on this story: Dave Friedman at staff.writers@wallstcheatsheet.com

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