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Target (NYSE: TGT) made some noise on Wednesday after an upgrade by Lazard Capital Real estate markets. The company expects high gross margins in 2006 and fundamentally the quality retail companies start to shine, just look at Sears Holdings (NASDAQ: SHLD).
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Now some stocks under ten bucks that received the royal smack down on Wednesday include International coal Group (NYSE: ICO) which traded down $1.40 to close at $7.10 on heavy volume, Polyone Corp (NYSE: POL) traded down 54 cents to seal at $9.09, Movie Gallery (NASDAQ: MOVI) the stock that raised on rumors traded down 49 cents to close at $7.01 on over 5.3 million shares traded, Input/Output Inc (NYSE: IO) traded down 46 cents to close at $8.74 on heavy volume and Grey Wolf (AMEX: GW) which traded down 40 cents to shut at $7.28 on over 3 million shares interchanged.
Recent analyst coverage initiations include Regis Corp (NYSE: RGS) had been initiated having a Peer Perform by Bear Stearns, Ethan Allen Interiors (NYSE: ETH) was initiated with an Outperform by Raymond James, Bancshares Florida (NASDAQ: BOFL) was initiated with an Outperform ratings and a $26 price target by Raymond James, RCN Corp (NASDAQ: RCNI), which it makes no difference I've been seeing a lot of those RCN Vans in sands casino New york city lately, nevertheless the company was initiated along with a Hold rating by Morgan, Joseph & Co, and Ingersoll-Rand (NYSE: IR) was initiated with a Neutral rating and a price target of $45 by Banc of America Investments.

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