Family Dollar Price Target is Trimmed and 4 More Analyst Opinions to Know 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:

Family Dollar (NYSE:FDO): Canaccord Genuity reiterated its rating of Hold for this company and changed its price target from $66 to $63.

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Ritchie Bros. (NYSE:RBA): BMO Capital Markets reiterated its rating of Underperform for this company and changed its price target from $21 to $19.

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rba

Portugal Fund, Inc., The (NYSE:PGF): BMO Capital Markets reiterated its rating of Market Perform for this company and changed its price target from $7 to $6.5.

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Horizon Technology Finance (NASDAQ:HRZN): UBS reiterated its rating of Buy for this company and changed its price target from $17 to $15.5.

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hrzn

First Solar (NASDAQ:FSLR): UBS reiterated its rating of Neutral for this company and changed its price target from $31 to $40.

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