Camden Property Downgraded to Underweight and 3 Downgraded Ratings to Note

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:

Excel Trust (NYSE:EXL): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold.

Current Price $12.57

EXL

EastGroup (NYSE:EGP): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold..

Current Price $54.27

EGP

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Chesapeake Lodging Trust (NYSE:CHSP): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold.

Current Price $21.36

CHSP

Camden Property (NYSE:CPT): KeyBanc Capital Mkts downgraded its rating on this company from Hold to Underweight.

Current Price $68.87

CPT

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