Air Lease Reinitiated at Outperform and 4 Reinitiated Ratings to Recognize

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:

Splunk (SPLK): Needham reiterated its rating of Buy for this company and changed its price target from $36 to $45.

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Agree Realty (NYSE:ADC): Wunderlich reiterated its rating of Buy for this company and changed its price target from $30 to $32.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

adc

Air Lease (NYSE:AL): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $28 to $30.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

al

Gap (NYSE:GPS): Canaccord Genuity reiterated its rating of Hold for this company and changed its price target from $36 to $39.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

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Nash Finch (NASDAQ:NAFC): Cantor Fitzgerald reiterated its rating of Buy for this company and changed its price target from $29 to $24.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

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Investing Insights: Does Under Armour Belong in Your Portfolio?