Apple Needs a Trim and 4 More Analyst Notes to Read Now

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:

Gamestop (NYSE:GME): Oppenheimer reiterated its rating of Perform for this company and changed its price target from $17 to $27.

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GME

Apple (NASDAQ:AAPL): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $600 to $550.

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AAPL

Virgin Media (NASDAQ:VMED): Wunderlich reiterated its rating of Buy for this company and changed its price target from $45 to $55.

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VMED

Liberty Global (NASDAQ:LBTYA): Wunderlich reiterated its rating of Buy for this company and changed its price target from $75 to $84.

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LBYTA

Citrix Systems (NASDAQ:CTXS): Mizuho reiterated its rating of Buy for this company and changed its price target from $77 to $85.

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CTXS

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