BPZ Energy (BPZ) is moving notably higher after being upgraded by analysts at Jefferies from Underperform to Hold. The stock has gained 2.9 percent, bouncing off of a ten-month closing low set on Tuesday.
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Marshall & Ilsley (MI) is also seeing buying interest after being upgraded at Morgan Stanley from Equal weight to Overweight. Shares are currently up by 1.3 percent but remain stuck between a monthly low and a more than one-year high.
On the other hand, NewAlliance Bancshares (NAL) is under pressure following a downgrade at Morgan Stanley from Equal weight to Underweight. The stock is down by 2 percent, moving back towards a two-month closing low set last week.
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