Agrium Upgraded to Buy and 4 Upgraded Stocks to Note

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:

Amgen (NASDAQ:AMGN): Argus upgraded its rating on this company from Hold to Buy and changed its price target to $96.

Current Price $82.64

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Rentech Nitrogen Partners (NYSE:RNF): Dahlman Rose upgraded its rating on this company from Hold to Buy and changed its price target to $50.

Current Price $45.4535

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CF Industries (NYSE:CF): Dahlman Rose upgraded its rating on this company from Hold to Buy and changed its price target to $235.

Current Price $230.44

cf

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Agrium (NYSE:AGU): Dahlman Rose upgraded its rating on this company from Hold to Buy and changed its price target to $120.

Current Price $113.94

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Union First Mkt Banc (NASDAQ:UBSH): Robert W. Baird upgraded its rating on this company from Neutral to Outperform and changed its price target from $17 to $20.

Current Price $16.83

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