Carmike Cinemas Is a Buy and 2 More Analyst Opinions 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:

Carmike Cinemas (NASDAQ:CKEC): Ascendiant Capital Markets initiated coverage of this company with a rating of Buy and a price target of $20.

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CKEC

Coldwater Creek (NASDAQ:CWTR): Ascendiant Capital Markets initiated coverage of this company with a rating of Buy and a price target of $4.

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CWTR

Clayton Williams (NASDAQ:CWEI): Canaccord Genuity initiated coverage of this company with a rating of Hold and a price target of $44.

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CWEI

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