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 NYSE:UA): Susquehanna upgraded its rating on this company from Neutral to Positive.
Southern Co (NYSE:SO): Wells Fargo upgraded its rating on this company from Market Perform to Outperform.
Werner Enterprises (NASDAQ:WERN): Raymond James upgraded its rating on this company from Market Perform to Outperform.
Dentsply International (NASDAQ:XRAY): Citigroup upgraded its rating on this company from Neutral to Buy.
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