Johnson & Johnson is a Buy and 4 More Analyst Opinions 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:

Johnson & Johnson (NYSE:JNJ): Argus reiterated its rating of Buy for this company and changed its price target from $80 to $96.

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EXACT Sciences (NASDAQ:EXAS): Maxim Group reiterated its rating of Sell for this company and changed its price target from $7 to $6.

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Theravance (NASDAQ:THRX): Stifel reiterated its rating of Buy for this company and changed its price target from $37 to $44.

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Cliffs Natural Resources (NYSE:CLF): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $28 to $22.

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HHGregg (NYSE:HGG): B. Riley & Co. reiterated its rating of Buy for this company and changed its price target from $10 to $16.

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