Hertz Global is a Buy and 3 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:

Resources Connect (NASDAQ:RECN): Deutsche Bank reiterated its rating of Hold for this company and changed its price target from $11 to $10.5.

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Western Asset Mortgage (NYSE:WMC): Deutsche Bank reiterated its rating of Buy for this company and changed its price target from $23 to $24.

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McCormick (NYSE:MKC): Deutsche Bank reiterated its rating of Buy for this company and changed its price target from $65 to $77.

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Hertz Global (NYSE:HTZ): MKM Partners reiterated its rating of Buy for this company and changed its price target from $28 to $30.

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