Lakeway, TX -- (SBWIRE) -- 10/09/2013 -- Bestdamnpennystocks, 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:-
GT Advanced Technologies Inc(NASDAQ:GTAT) shares decreased 3.09% to $8.79. Credit Suisse has upgraded its price-target for GT Advanced Technologies Inc (NASDAQ:GTAT) on Sept. 18 from $4.50 to $5.00 and it has currently assigned a “neutral” rating in the stock. Separately, Stephen Chin of UBS boosted GT Advanced, a sapphire equipment supplier, to "Buy" from "Neutral." He increased its price target to $10 from $5.50. Chin said in a client note that it seems that the major consumer electronics companies are using sapphire as a key way to differentiate their products. GT Advanced produces sapphire used in the LED and other markets, such as the aerospace, defense, and medical devices.
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Angie's List Inc (NASDAQ:ANGI) shares declined 3.71% to $16.08. Analysts at MKM Partners started coverage on shares of Angie’s List in a research report issued to clients and investors on Oct. 3. The firm set a “buy” rating and a $34.00 price target on the stock. MKM Partners’ target price would indicate a potential upside of 61.98% from the company’s current price.
Additionally, the company announced that its third quarter 2013 financial results will be released on Wednesday, October 23, 2013, after the close of the market. The company will host a conference call at 5:00 p.m. ET to discuss the financial results with the investment community.
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Halcon Resources Corp(NYSE:HK) shares declined 3.83% to $4.77. The company on Sept. 27 announced that it has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission covering shares of the Company's common stock held by Petro-Hunt Holdings, LLC, Pillar Holdings, LLC, Canada Pension Plan Investment Board and CPP Investment Board PMI-2 Inc., in accordance with the requirements of contractual agreements previously entered into with these stockholders.
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