STAG Industrial Initiated at Outperform and 3 Initiated Ratings 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:

ProLogis (NYSE:PLD): Robert W. Baird initiated coverage of this company with a rating of Neutral and a price target of $38.

Current Price $38.44

PLD

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Piedmont Office Realty Trust (NYSE:PDM): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $21.

Current Price $18.61

PDM

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CoreSite Realty (NYSE:COR): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $35.

Current Price $30.58

COR

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STAG Industrial (NYSE:STAG): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $20.

Current Price $18.84

STAG

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