Nike is a Buy and 4 More Analyst Opinions 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:

Nike (NYSE:NKE): UBS reiterated its rating of Buy for this company and changed its price target from $63 to $68.

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Rosetta Resources (NASDAQ:ROSE): Canaccord Genuity reiterated its rating of Buy for this company and changed its price target from $69 to $57.

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Open Text (NASDAQ:OTEX): BMO Capital Markets reiterated its rating of Market Perform for this company and changed its price target from $62 to $60.

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Under Armour (NYSE:UA): UBS reiterated its rating of Neutral for this company and changed its price target from $55 to $59.

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Supervalu (NYSE:SVU): UBS reiterated its rating of Neutral for this company and changed its price target from $2.2 to $4.7.

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