Urban Outfitters Reiterated at Hold and 3 Must-See Reiterated Ratings

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:

ViroPharma (NASDAQ:VPHM): WallachBeth reiterated its rating of Hold for this company and changed its price target from $24 to $28.

Current Price $24.90

VPHM

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Urban Outfitters (NASDAQ:URBN): Canaccord Genuity reiterated its rating of Hold for this company and changed its price target from $38 to $45.

Current Price $42.68

URBN

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Tiffany & Co (NYSE:TIF): Canaccord Genuity reiterated its rating of Buy for this company and changed its price target from $65 to $58.

Current Price $60.11

TIF

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Franklin Resources (NYSE:BEN): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $140 to $150.

Current Price $133.80

BEN

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