Dell Downgraded to Hold and 4 Downgraded Stocks to Watch

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:

WellPoint (NYSE:WLP): Monness Crespi & Hardt downgraded its rating on this company from Buy to Neutral.

Current Price $63.01

WLP

Dell (NASDAQ:DELL): Maxim Group downgraded its rating on this company from Buy to Hold.

Current Price $13.83

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

DELL

Rent-A-Center (NASDAQ:RCII): Stifel Nicolaus downgraded its rating on this company from Buy to Hold.

Current Price $37.43

RCII

Rackspace (NYSE:RAX): Stifel Nicolaus downgraded its rating on this company from Buy to Hold.

Current Price $61.38

RAX

Seattle Genetics (NASDAQ:SGEN): Needham downgraded its rating on this company from Buy to Hold.

Current Price $28.14

SGEN

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