Boston Scientific Will Outperform and 4 More Analyst Upgrades To Know

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:

Boston Scientific (NYSE:BSX): Wells Fargo upgraded its rating on this company from Market Perform to Outperform.

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BSX

Sina (NASDAQ:SINA): Goldman Sachs upgraded its rating on this company from Neutral to Buy.

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SINA

Stoneridge (NYSE:SRI): BB&T upgraded its rating on this company from Hold to Buy and changed its price target to $11.00.

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SRI

Supertex (NASDAQ:SUPX): TheStreet upgraded its rating on this company from Hold to Buy.

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SUPX

TECO Energy (NYSE:TE): Williams Capital upgraded its rating on this company from Market Perform to Buy and changed its price target from $19.00 to $21.00.

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TE

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