Jarden Reiterated at Outperform and 4 Must-See Reiterated Ratings

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:

Celanese (NYSE:CE): UBS reiterated its rating of Buy for this company and changed its price target from $46 to $51.

Current Price $47.13

CE

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Lennar (NYSE:LEN): MKM Partners reiterated its rating of Neutral for this company and changed its price target from $34 to $36.

Current Price $41.85

LEN

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eBay (NASDAQ:EBAY): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $60 to $63. Needham reiterated its rating of Buy for this company and changed its price target from $55 to $60.

Current Price $54.32

EBAY

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Magna (NYSE:MGA): BMO Capital Markets reiterated its rating of Outperform for this company and changed its price target from $55 to $61.

Current Price $54.08

MGA

Jarden (NYSE:JAH): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $60 to $65.

Current Price $55.56

JAH

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