You Can't Control Analyst Upgrades and Downgrades, but You Can Control What You Do About Them
You've probably seen headlines on your stock broker's homepage or the financial news site you visit. "Analyst upgrades stock XYZ, raises price target." Or "Analyst trims price target on concerns over a recession."
So what does that mean? Wall Street is filled with analysts who research stocks and upgrade or downgrade them based on their opinions. Sometimes, these ratings can even move a stock's share price.
Analyst upgrades and downgrades are outside investors' control, but you can control what you do about them and how they impact your investment strategy.
Source Fool.com
