Aeropostale Price Target is Trimmed and 4 More Analyst Downgrades to Look At

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:

Aeropostale (NYSE:ARO): Goldman Sachs downgraded its rating on this company from Neutral to Sell and changed its price target from $11.00 to $10.00.

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ARO

Monster Worldwide (NYSE:MWW): Avondale Partners downgraded its rating on this company from Market Perform to Underperform and changed its price target from $6.00 to $4.50.

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MWW

NetApp (NASDAQ:NTAP): UBS AG downgraded its rating on this company from Buy to Neutral and changed its price target from $40.00 to $37.00.

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NTAP

Oneok Partners LP (NYSE:OKS): Goldman Sachs downgraded its rating on this company from Neutral to Sell and changed its price target from $58.00 to $53.00.

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OKS

PC Connection (NASDAQ:PCCC): Raymond James downgraded its rating on this company from Market Perform to Underperform.

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PCCC

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