(EMAILWIRE.COM, July 28, 2010 ) Dallas, Tx – Stock price of real estate investment trust CapLease, Inc (NYSE: LSE) was up marginally on account of being upgraded by Wells Fargo. Wells Fargo has upgraded the stock from ‘Underperform’ to ‘Market Perform’ and the target price is raised from $4-$5 to $5-$5.50 citing a more defined strategy to deleverage the balance sheet. The stock was trading at $5 up by 1 cent or 0.20% since the opening bell. The stock touched an upside of $5.26 and a downside of $4.96 during the trade. The stock is trading with a volume of 0.1 million shares compared to an average volume of 0.2 million shares on the exchange. The stock whose market capitalization is $287.07 million is trading above its 50-day moving average and its 200-day moving average of $4.59 and $4.01.

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Stock price of PCTEL, Inc (NASDAQ: PCTI) was up by 11 cents or 1.82% and was trading at $6.14 in the afternoon trade. The stock touched an intraday high of $6.23 and an intraday low of $6.06 since the opening bell. The Company declared better than expected Q2 results reporting revenue of $17.8 million up by 33% compared to same quarter year ago. The analyst have upgraded their rating on the stock from ‘Neutral’ to ‘Outperform’ and maintained their target price of $8. The stock is trading with a volume of 45,000 shares compared to an average volume of 65,000 shares on the exchange. The stock is trading above its 50-day moving average and its 200-day moving average of $5.52 and $6.04.

Stock price of Cleco Corporation (NYSE: CNL) was up by 1.20% or 35 cents and was trading at $29.63. The stock is trading with a volume of 0.3 million shares compared to an average volume of 0.4 million shares on the exchange. The stock has been upgraded to ‘neutral’ from ‘sell by Goldman Sachs (NYSE: GS) citing higher rate base and increased non-regulated.

earnings power. The stock witnessed an intraday high of $30 and an intraday low of $29.62 since the opening bell. The Company is expected to declare its Q2 results on August 4, 2010. The stock is currently trading above its 50-day moving average and its 200-day moving average of $26.86 and $26.57 respectively.