Children’s Place Price Target is Cut and 3 More Analyst Notes to Read 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:

CB&I (NYSE:CBI): Barclays reiterated its rating of Overweight for this company and changed its price target from $63 to $71.

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Children’s Place (NASDAQ:PLCE): Imperial Capital reiterated its rating of In-line for this company and changed its price target from $53 to $50.

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TrovaGene (NASDAQ:TROV): Aegis Capital reiterated its rating of Buy for this company and changed its price target from $12 to $14.

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Medtronic (NYSE:MDT): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $49 to $52.

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