Albermarle Downgraded to Hold and 4 Downgraded Stocks to Eye

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:

Albemarle (NYSE:ALB): Gilford Securities downgraded its rating on this company from Buy to Hold. Current Price $63.78

ALB

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Tesco (NASDAQ:TESO): Dahlman Rose downgraded its rating on this company from Buy to Hold. Current Price $11.78

TESO

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Kirby (NYSE:KEX): Stifel Nicolaus downgraded its rating on this company from Buy to Hold. Current Price $62.59

KEX

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Acorda Therapeutics (NASDAQ:ACOR): MKM Partners downgraded its rating on this company from Buy to Neutral. Current Price $27.18

ACOR

Allot Comms (NASDAQ:ALLT): Wedbush downgraded its rating on this company from Outperform to Neutral. Current Price $13.57

ALLT

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