F5 Networks Will Outperform and 4 More Analyst Upgrades 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:
Hanesbrands (NYSE:HBI): Barclays upgraded its rating on this company from Equal Weight to Overweight and changed its price target from $40 to $50.
Shoe Carnival (NASDAQ:SCVL): BB&T Capital Mkts upgraded its rating on this company from Hold to Buy.
Rosetta Resources (NASDAQ:ROSE): Howard Weil upgraded its rating on this company from Sector Perform to Focus Stock and changed its price target from $63 to $70.
Salient MLP & Energy Infras. (NYSE:SMF): Stifel upgraded its rating on this company from Hold to Buy and changed its price target to $29.
F5 Networks (NASDAQ:FFIV): Robert W. Baird upgraded its rating on this company from Neutral to Outperform.
Investing Insights: What Do These Factors Say About Xerox?