Wednesday, April 27, 2011

AK Steel (AKS), First Solar (FSLR), Gulfmark Offshore (GLF) Get Ratings Upgrade

Shares of AK Steel (NYSE:AKS), First Solar (NASDAQ:FSLR) and Gulfmark Offshore (NYSE:GLF) were all upgraded to "Buy" or "Neutral" on April 27 by various brokerages.

AK Steel (AKS) was upgraded by Dahlman Rose from "Hold" to "Buy." They have a price target of $22 on AK. The steel firm is seeing higher volumes and is successfully managing costs.

First Solar (FSLR) was upgraded by Kaufman from "Hold" to "Buy." Kaufman Bros. has a price target of $165 on the company. The share price has plunged 25 percent since January highs and the company is considered the likely candidate to emerge as a clear leader in the solar industry.

Global Hunter Securities upgraded Gulfmark Offshore (NYSE:GLF) from "Reduce" to "Neutral."

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