Orbitz is a Buy and 4 More Analyst Notes to Read 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:

Conns (NASDAQ:CONN): B. Riley & Co. reiterated its rating of Buy for this company and changed its price target from $38 to $48.

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Obagi Medical (NASDAQ:OMPI): Cantor Fitzgerald reiterated its rating of Hold for this company and changed its price target from $22 to $24.

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Orbitz (NYSE:OWW): The Benchmark Company reiterated its rating of Buy for this company and changed its price target from $4.5 to $7.

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Howard Hughes (NYSE:HHC): Compass Point reiterated its rating of Buy for this company and changed its price target from $90 to $120.

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Hospitality Props (NYSE:HPT): MLV & Co reiterated its rating of Hold for this company and changed its price target from $25 to $27.

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hpt

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