NEW YORK (
TheStreet) -TheStreet Ratings' stock model upgraded
(KNOT) to 'Buy' from 'Hold'. Net income at this $383 million market cap, wedding media company flipped to a profit of $1.5 million compared to a loss of $6.1 million in the prior fourth quarter.
TheStreet Ratings released rating changes on 15 U.S. common stocks for March 30, 2011. In total, eight stocks were upgraded and seven stocks were downgraded by our stock model.
In the fourth quarter, Knot reported $27.5 million in revenue, an increase of 9.9% compared to the year earlier quarter. Learn more about Knot: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.
$160 million market cap, biopharmaceutical research company, Kendle International Inc (KNDL) was downgraded to 'Sell' from 'Hold'. In fourth quarter results, Kendle International reported a net loss of $9.2 million compared to a profit of $2.3 million in the year earlier quarter. Over the same time period, revenue decreased by 17.6% to $107.9 million. Learn more about Kendle International: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.-- Reported by Kevin Baker in Jupiter, FL.
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