Priceline 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:

Priceline.com (NASDAQ:PCLN): UBS initiated coverage of this company with a rating of Buy and a price target of $825 >> $860.

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PCLN

Salix Pharma (NASDAQ:SLXP): UBS initiated coverage of this company with a rating of Neutral and a price target of $54 >> $55. Mizuho initiated coverage of this company with a rating of Buy and a price target of $60 >> $66.

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SLXP

Orbitz (NYSE:OWW): The Benchmark Company initiated coverage of this company with a rating of Buy and a price target of $7 >> $10. Cantor Fitzgerald initiated coverage of this company with a rating of Hold and a price target of $3 >> $6.25.

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OWW

Allstate (NYSE:ALL): Deutsche Bank initiated coverage of this company with a rating of Buy and a price target of $53 >> $57.

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ALL

Air Lease (NYSE:AL): FBR Capital initiated coverage of this company with a rating of Outperform and a price target of $30 >> $33.

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AL

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