Noble Energy is a Buy and 3 More Analyst Notes to Know 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:

Noble Energy (NYSE:NBL): UBS reiterated its rating of Buy for this company and changed its price target from $126 to $145.

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NBL

TE Connectivity (NYSE:TEL): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $42 to $45.

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TEL

Canadian Pacific Railway Limited (NYSE:CP): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $100 to $104.

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CP

Terreno Realty (NYSE:TRNO): Stifel reiterated its rating of Buy for this company and changed its price target from $18 to $19.5.

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TRNO

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