Caterpillar Price Target is Raised and 4 More Analyst Upgrades To Know Now

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:

Caterpillar (NYSE:CAT): JPMorgan Chase upgraded its rating on this company from Neutral to Overweight and changed its price target from $93.00 to $100.00.

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CAT

The Chubb Corp (NYSE:CB): William Blair upgraded its rating on this company from Underperform to Market Perform.

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CB

Columbia Banking (NASDAQ:COLB): Wunderlich upgraded its rating on this company from Hold to Buy and changed its price target from $23.00 to $25.00.

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COLB

Copa Holdings (NYSE:CPA): JPMorgan Chase upgraded its rating on this company from Neutral to Overweight and changed its price target from $100.00 to $137.00.

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CPA

Community Health Systems (NYSE:CYH): Robert W. Baird upgraded its rating on this company from Neutral to Outperform and changed its price target from $48.00 to $56.00.

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CYH

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