Colgate-Palmolive Gets a Thumbs Up and 4 More Analyst Upgrades To Read

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:

Colgate-Palmolive Company (NYSE:CL): Barclays Capital upgraded its rating on this company to Equal Weight.

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CL

Crown Castle (NYSE:CCI): Macquarie upgraded its rating on this company from Neutral to Outperform.

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CCI

Centerra Gold (NYSE:CG): RBC Capital upgraded its rating on this company from Sector Perform to Outperform and changed its price target to C$9.00.

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CG

Coherent (NASDAQ:COHR): Needham & Company upgraded its rating on this company from Hold to Buy.

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COHR

Canadian Pacific Railway Limited (NYSE:CP): Raymond James upgraded its rating on this company from Market Perform to Outperform.

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CP

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