We looked at Wall Street analyst upgrades and downgrades over the past week to see how these names were ranked in FusionIQ, our proprietary stock and ETFranking system.
Of 10 UPGRADES we tracked, 4 are currently rated Buy in FusionIQ, while 6 are rated Sell. Highlighted below are the 6 names which carry IQ Technical Scores of greater than 70. Note that IQ Buy-rated stocks that carry a Technical Scores over 70 are in the bullish zone in our 1-100 ranking system.
This week, of 17 DOWNGRADES we tracked, 7 are rated Buy, while 10 are rated Sell. Highlighted below are those 8 names that carry a Technical Score of less than 71 (on a scale of 1-100), which puts them outside our bullish zone.
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