Global Payment Reiterated at Outperform and 4 Reiterated Ratings to Recognize

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:

Dynegy (NYSE:DYN): UBS reiterated its rating of Sell for this company and changed its price target from $16 to $17. Current Price $20.20

DYN

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Transport. de Gas (NYSE:TGS): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $189 to $205. Current Price $1.87

TGS

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Seagate Tech (NASDAQ:STX): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $29 to $32. Current Price $32.9199

STX

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Goldcorp (NYSE:GG): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $55 to $49. Current Price $35.73

GG

Global Payment (NYSE:GPN): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $50 to $58. Current Price $48.49

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