Citigroup Price Target is Raised and 4 More Analyst Opinions 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:

Citigroup (NYSE:C): Barclays reiterated its rating of Overweight for this company and changed its price target from $46 to $54.

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Kodiak Oil & Gas (AMEX:KOG): UBS reiterated its rating of Buy for this company and changed its price target from $11 to $10.

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Concur Tech (NASDAQ:CNQR): UBS reiterated its rating of Buy for this company and changed its price target from $81 to $80.

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Acorda Therapeutics (NASDAQ:ACOR): MKM Partners reiterated its rating of Neutral for this company and changed its price target from $31 to $33.

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Allete (NYSE:ALE): Williams Capital Group reiterated its rating of Outperform for this company and changed its price target from $47 to $55.

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