NetSuite Initiated at Hold and 3 Initiated Ratings to Know Now

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:

Clean Harbors (NYSE:CLH): BB&T Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $70.

Current Price $58.12

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NetSuite (NYSE:N): Maxim Group initiated coverage of this company with a rating of Hold and a price target of $75.

Current Price $69.30

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Cornerstone OnDemand (NASDAQ:CSOD): Maxim Group initiated coverage of this company with a rating of Hold and a price target of $32.

Current Price $32.25

csod

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Salesforce.com (NYSE:CRM): Maxim Group initiated coverage of this company with a rating of Buy and a price target of $200.

Current Price $174.71

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