TECO Energy is a Buy and 3 More Analyst Upgrades 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:

TECO Energy (NYSE:TE): TheStreet upgraded its rating on this company from Hold to Buy.

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Vale (NYSE:VALE): Canaccord Genuity upgraded its rating on this company from Hold to Buy and changed its price target to $21.00.

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WESCO International (NYSE:WCC): Longbow Research upgraded its rating on this company from Neutral to Buy.

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Whiting Petroleum Co. (NYSE:WLL): JPMorgan Chase upgraded its rating on this company from Neutral to Overweight.

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