Apple Price Target is Cut 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): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $600 to $550.

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AAPL

Express Scripts (NASDAQ:ESRX): UBS reiterated its rating of Buy for this company and changed its price target from $66 to $69.

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ESRX

JB Hunt (NASDAQ:JBHT): Barclays reiterated its rating of Equal Weight for this company and changed its price target from $71 to $70. UBS reiterated its rating of Buy for this company and changed its price target from $76 to $82.

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JBHT

Harris (NYSE:HRS): Barclays reiterated its rating of Equal Weight for this company and changed its price target from $48 to $45.

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HRS

Excel Trust (NYSE:EXL): Barclays reiterated its rating of Equal Weight for this company and changed its price target from $13 to $14.

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EXL

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