KeyCorp Downgraded to Sell and 3 Downgraded Stocks to Follow

Stock upgrades and downgrades are a controversial part of Wall Street. Despite regulations, many banks and firms still have a positive bias toward current clients and companies desired as future clients. In addition, Wall Street analysts are straight-up biased to the buy side. The percentage of sell recommendations is normally below 15 percent!

Regardless, upgrades and downgrades move stocks in the short-term. They fall into our CHEAT SHEET framework category ‘C = Catalyst for a Stock’s Movement’. Here are catalysts you must know today:

KeyCorp (NYSE:KEY): Stifel Nicolaus downgraded its rating on this company from Hold to Sell.

Picture 60