True Religion Upgraded to Buy and 3 Upgraded Stocks on the Move

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:

Pike Electric (NYSE:PIKE): BB&T Capital Mkts upgraded its rating on this company from Hold to Buy and changed its price target to $15.

Current Price $11.79

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

pike

Mueller Water (NYSE:MWA): BB&T Capital Mkts upgraded its rating on this company from Hold to Buy and changed its price target to $8.

Current Price $5.99

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

mwa

True Religion (NASDAQ:TRLG): BB&T Capital Mkts upgraded its rating on this company from Hold to Buy.

Current Price $28.11

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

trlg

Fortune Brands Home & Security (NYSE:FBHS): KeyBanc Capital Mkts upgraded its rating on this company from Hold to Buy and changed its price target to $38.

Current Price $33.05

fbhs

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