Apple is a Buy and 4 More Analyst Opinions To Know Now

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): Standpoint Research initiated coverage of this company with a rating of Buy and a price target of $480.

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AAPL

Time Warner (NYSE:TWX): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $54 to $63.

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TWX

Vertex Pharma (NASDAQ:VRTX): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $70 to $95. Needham reiterated its rating of Buy for this company and changed its price target from $65 to $95. Chardan Capital Markets reiterated its rating of Buy for this company and changed its price target from $80 to $105. Maxim Group reiterated its rating of Buy for this company and changed its price target from $60 to $88.

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VRTX

Walt Disney (NYSE:DIS): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $57 to $63.

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DIS

Chipotle Mexican Grill (NYSE:CMG): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $320 to $350.

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CMG

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