Yandex Upgraded to Overweight and 3 Upgraded Stocks to Note

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:

Life Time Fitness (NYSE:LTM): Stifel Nicolaus upgraded its rating on this company from Hold to Buy and changed its price target to $50.

Current Price $41.78

Your 1 Feature Stock Pick for February is hot off the press. Click here to discover it now!

ltm

Reliance Steel (NYSE:RS): Dahlman Rose upgraded its rating on this company from Hold to Buy and changed its price target to $89.

Current Price $69.85

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

rs

ViaSat (NASDAQ:VSAT): Needham upgraded its rating on this company from Hold to Buy and changed its price target to $50.

Current Price $47.72

Your 1 Feature Stock Pick for February is hot off the press. Click here to discover it now!

vsat

Yandex N.V. (NASDAQ:YNDX): HSBC Securities upgraded its rating on this company from Neutral to Overweight and changed its price target from $24 to $31.

Current Price $24.48

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