Apple Gets Booed and 3 More Analyst Opinions To Read

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:

Apple (NASDAQ:AAPL): UBS reiterated its rating of Buy for this company and changed its price target from $560 to $500. FBR Capital reiterated its rating of Outperform for this company and changed its price target from $525 to $500. Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $550 to $480.

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AAPL

Coach (NYSE:COH): UBS reiterated its rating of Neutral for this company and changed its price target from $55 to $59.

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COH

Broadcom (NASDAQ:BRCM): Needham reiterated its rating of Buy for this company and changed its price target from $37 to $39.

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BRCM

Schlumberger (NYSE:SLB): HSBC Securities reiterated its rating of Overweight for this company and changed its price target from $97 to $92.

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SLB

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