J.C. Penney Gets Booed 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:

J.C. Penney Company (NYSE:JCP): Northcoast Research downgraded its rating on this company from Neutral to Sell.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

jcp

Cablevision (NYSE:CVC): Citigroup downgraded its rating on this company from Buy to Neutral and changed its price target to $17.00.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

cvc

Micron Technology (NASDAQ:MU): JMP Securities downgraded its rating on this company from Outperform to Market Perform and changed its price target to $10.00.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

mu

Dean Foods Co (NYSE:DF): Stephens downgraded its rating on this company from Overweight to Equal Weight.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

df

Dendreon Co. (NASDAQ:DNDN): Citigroup downgraded its rating on this company from Neutral to Sell.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

dndn

Investing Insights: Is Google Setting Up to Knock Out Netflix?