Intercontinental Hotels Not Looking Great and 3 More Analysts 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:

Intercontinental Hotels Group (NYSE:IHG): Barclays Capital downgraded its rating on this company from Overweight to Equal Weight.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

IHG

ITC Holdings (NYSE:ITC): Deutsche Bank downgraded its rating on this company from Buy to Hold and changed its price target to $108.00.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

ITC

Mid America Apartment Communities (NYSE:MAA): Raymond James downgraded its rating on this company from Strong-Buy to Outperform.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

MAA

Mercer International (NASDAQ:MERC): TD Securities downgraded its rating on this company from Buy to Hold and changed its price target from $9.00 to $7.50.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

MERC

Don’t Miss: Uncle Sam Needs Your Tax Payment Now.