Aeropostale Reiterated at Outperform and 4 Reiterated Ratings 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:

Abbott Labs (NYSE:ABT): UBS reiterated its rating of Buy for this company and changed its price target from $75 to $38.

Current Price $33.50

ABT

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Urban Outfitters (NASDAQ:URBN): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $42 to $46.

Current Price $42.55

URBN

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Aeropostale (NYSE:ARO): Imperial Capital reiterated its rating of Outperform for this company and changed its price target from $18 to $15.

Current Price $12.6101

ARO

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Rudolph Tech (NASDAQ:RTEC): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $14 to $16.

Current Price $13.74

RTEC

Mohawk (NYSE:MHK): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $100 to $104.

Current Price $94.0074

MHK

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