Syngenta is a Buy and 3 More Analyst Upgrades to Read 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:
Syngenta AG (NYSE:SYT): Berenberg Bank upgraded its rating on this company from Hold to Buy.
Teck Resources Limited (NYSE:TCK): UBS AG upgraded its rating on this company from Neutral to Buy.
Tecumseh Products Co (NASDAQ:TECUA): TheStreet upgraded its rating on this company from Sell to Hold.
WABCO Holdings (NYSE:WBC): Robert W. Baird upgraded its rating on this company from Neutral to Outperform.
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