Sarepta Therapeutic Gets Booed and 4 More Analysts Downgrades To Know

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:

Sarepta Therapeutic (NASDAQ:SRPT): Leerink Swann downgraded its rating on this company from Outperform to Market Perform and changed its price target to $419.00.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

SRPT

Spectra Energy Partners (NYSE:SEP): Citigroup downgraded its rating on this company from Buy to Neutral.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

SEP

SunoCo Logistics Partners LP (NYSE:SXL): Citigroup downgraded its rating on this company from Buy to Neutral.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

SXL

Chicago Bridge & Iron Company (NYSE:CBI): Macquarie downgraded its rating on this company from Neutral to Underperform.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

CBI

C.H. Robinson Worldwide (NASDAQ:CHRW): JPMorgan Chase downgraded its rating on this company from Neutral to Underweight and changed its price target to $50.00.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

CHRW

Investing Insights: Is Dendreon Undervalued?

More from The Cheat Sheet