Brunswick Gets a Thumbs Down and 3 More Analyst Downgrades to Look At

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:

Brunswick Co. (NYSE:BC): Longbow Research downgraded its rating on this company from Buy to Neutral.

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BC

Bank of Hawaii Co. (NYSE:BOH): RBC Capital downgraded its rating on this company from Outperform to Sector Perform.

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BOH

Calamos Asset Management, (NASDAQ:CLMS): Keefe, Bruyette & Woods downgraded its rating on this company from Market Perform to Underperform.

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CLMS

Concur Technologies (NASDAQ:CNQR): Oppenheimer downgraded its rating on this company from Market Perform to Underperform.

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CNQR

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