Cameron Downgraded to Neutral and 4 Downgraded Stocks to Follow

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:

Riverbed Technology (NASDAQ:RVBD): FBR Capital downgraded its rating on this company from Outperform to Mkt Perform and changed its price target from $28 to $20.

Current Price $16.51

RVBD

Cameron (NYSE:CAM): HSBC Securities downgraded its rating on this company from Overweight to Neutral and changed its price target from $61 to $71.

Current Price $65.47

cam

Covanta (NYSE:CVA): Ardour Capital downgraded its rating on this company from Accumulate to Hold and changed its price target to $21.

Current Price $19.18

cva

Enersys (NYSE:ENS): Ardour Capital downgraded its rating on this company from Accumulate to Hold and changed its price target to $40.

Current Price $40.5099

ens

Nuance Communications (NASDAQ:NUAN): Stifel Nicolaus downgraded its rating on this company from Buy to Hold.

Current Price $20.01

NUAN

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