Halliburton Upgraded to Buy and 4 Upgraded Stocks to Track

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:

AZZ Inc. (NYSE:AZZ): BB&T Capital Mkts upgraded its rating on this company from Hold to Buy and changed its price target to $49.

Current Price $42.65

azz

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Synaptics (NASDAQ:SYNA): Feltl & Co. upgraded its rating on this company from Sell to Hold and changed its price target from $20 to $30.

Current Price $37.02

syna

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Cypress Semi (NASDAQ:CY): Feltl & Co. upgraded its rating on this company from Hold to Buy and changed its price target from $10 to $12.

Current Price $9.87

cy

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Halliburton (NYSE:HAL): Global Hunter Securities upgraded its rating on this company from Neutral to Buy and changed its price target from $37 to $45.

Current Price $39.68

hal

Panera Bread (NASDAQ:PNRA): Miller Tabak upgraded its rating on this company from Hold to Buy and changed its price target from $187 to $190.

Current Price $160.40

pnra

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