EBay Gets a Price Target Raise and 4 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:

Waste Connections (NYSE:WCN): Wunderlich reiterated its rating of Buy for this company and changed its price target from $38 to $42.

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Sotheby’s (NYSE:BID): Williams Capital Group reiterated its rating of Underperform for this company and changed its price target from $23 to $31.

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eBay (NASDAQ:EBAY): Compass Point reiterated its rating of Neutral for this company and changed its price target from $50 to $66.

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Bill Barrett (NYSE:BBG): Wunderlich reiterated its rating of Buy for this company and changed its price target from $25 to $35.

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DFC Global (NASDAQ:DLLR): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $23 to $17.

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