KeyCorp Upgraded to Outperform and 4 Upgraded Stocks to Track

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:

DISH Network (NASDAQ:DISH): Wunderlich upgraded its rating on this company from Hold to Buy and changed its price target from $29 to $42. Current Price $37.15

DISH

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FirstMerit Corp (NASDAQ:FMER): Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $18. Current Price $15.19

FMER

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KeyCorp (NYSE:KEY): Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $11. Current Price $8.96

KEY

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Healthcare Services Group (NASDAQ:HCSG): The Benchmark Company upgraded its rating on this company from Hold to Buy and changed its price target to $27. Current Price $24.07

HCSG

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