Microsoft Is Thrown Out and 4 More Analyst Downgrades To Read About

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:

Microsoft (NASDAQ:MSFT): Standpoint Research downgraded its rating on this company from Buy to Hold.

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Oil States International (NYSE:OIS): Standpoint Research downgraded its rating on this company from Buy to Hold.

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Open Text (NASDAQ:OTEX): Thomson Reuters/Verus downgraded its rating on this company from Buy to Sell.

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otex

Plum Creek Timber Co. (NYSE:PCL): DA Davidson downgraded its rating on this company from Neutral to Underperform and changed its price target to $47.00.

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Regal Entertainment (NYSE:RGC): National Alliance Securities downgraded its rating on this company from Accumulate to Market Perform.

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rgc

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