First Solar Dumped and 4 More Analyst Downgrades To Know

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:

First Solar (NASDAQ:FSLR): Raymond James downgraded its rating on this company from Market Perform to Underperform.

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FSLR

Cullen Frost (NYSE:CFR): FBR Capital Markets downgraded its rating on this company from Market Perform to Underperform and changed its price target from $58.00 to $56.00.

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CFR

Clearwater Paper Corp (NYSE:CLW): TD Securities downgraded its rating on this company from Buy to Hold and changed its price target from $55.00 to $52.00.

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CLW

Hatteras Financial (NYSE:HTS): Keefe, Bruyette & Woods downgraded its rating on this company from Outperform to Market Perform.

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HTS

Infosys Technologies Ltd (NASDAQ:INFY): TheStreet downgraded its rating on this company from Buy to Hold.

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INFY

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