CBS Initiated at Buy and 4 Initiated Stocks to Follow

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:

BB&T Corp (NYSE:BBT): Compass Point initiated coverage of this company with a rating of Neutral and a price target of $32 >> $34.

Current Price $30.83

BBT

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Xilinx (NASDAQ:XLNX): Canaccord Genuity initiated coverage of this company with a rating of Hold and a price target of $32 >> $36.

Current Price $37.10

XLNX

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Columbia Sportswear (NASDAQ:COLM): Canaccord Genuity initiated coverage of this company with a rating of Hold and a price target of $50 >> $48.

Current Price $49.81

COLM

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CBS (NYSE:CBS): The Benchmark Company initiated coverage of this company with a rating of Buy and a price target of $44 >> $48.

Current Price $40.16

CBS

Lions Gate Entertainment (NYSE:LGF): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $19 >> $23.

Current Price $18.06

LGF

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