Apple Price Target is Cut and 4 More Analyst Opinions to Take A Peek At

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): Stifel reiterated its rating of Buy for this company and changed its price target from $650 to $600. Mizuho reiterated its rating of Buy for this company and changed its price target from $575 to $550.

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AAPL

Baidu.com (NASDAQ:BIDU): Maxim Group reiterated its rating of Sell for this company and changed its price target from $80 to $75.

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BIDU

M&T Bank (NYSE:MTB): Compass Point reiterated its rating of Neutral for this company and changed its price target from $99 to $110.

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MTB

BJ Restaurants (NASDAQ:BJRI): Barclays reiterated its rating of Overweight for this company and changed its price target from $35 to $38.

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BJRI

Apache (NYSE:APA): Barclays reiterated its rating of Overweight for this company and changed its price target from $113 to $111.

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APA

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