Visa Downgraded to Hold and 4 Downgraded Stocks to Eye

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:

Halcon Resources (NYSE:HK): Global Hunter Securities downgraded its rating on this company from Accumulate to Neutral.

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HK

Saia (NASDAQ:SAIA): Stifel downgraded its rating on this company from Buy to Hold.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

SAIA

SandRidge Energy (NYSE:SD): Stifel downgraded its rating on this company from Buy to Hold.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

SD

Con-way (NYSE:CNW): Stifel downgraded its rating on this company from Buy to Hold.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

CNW

Visa (NYSE:V): Argus downgraded its rating on this company from Buy to Hold.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

V

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