Microsoft Price Target is Shaved and 4 More Analysts 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:

Microsoft Corp (NASDAQ:MSFT): Credit Agricole downgraded its rating on this company from Buy to Outperform and changed its price target from $36.00 to $34.00.

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!

MSFT

Opmedic (NYSE:OMG): Laurentian downgraded its rating on this company from Buy to Hold and changed its price target from $3.50 to $3.00.

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!

OMG

PepsiCo (NYSE:PEP): Davenport downgraded its rating on this company from Buy to Neutral and changed its price target to $83.00.

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!

PEP

Brown & Brown (NYSE:BRO): Macquarie downgraded its rating on this company from Outperform to Neutral.

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!

BRO

Brown Shoe Company (NYSE:BWS): Macquarie downgraded its rating on this company to Neutral.

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!

BWS

Don’t Miss: What’s the Deal, PC? Tablets Got Your Sales?