VMware is a Hold and 1 Initiated Stock 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:

VMware (NYSE:VMW): Closing price $71.87

The firm saw its coverage by Stifel Nicolaus begun with a Hold, as the analyst believees that 2013 will be a transition year for the company.

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