Analyst Action Report for 9/15: Top Analysts Shift Price Targets

The markets were up yet again on Friday, with the S&P hitting an all time high

The NewsQuantified platform continues to consistently identify news events that manage to drive gains far in excess of broader market performance indicators.

Today we focus on Analyst Actions—upgrades and downgrades from influential financial analysts. We’re focusing on analysts with high Win%’s on these price target changes, all of which are recorded in our system.

1.    Pool Corporation (POOL): Upgraded by Sidoti from Neutral to Buy

POOL Chart

Pool Corporation is the world’s largest wholesale distributor of swimming pool supplies and equipment.

Analysts at Sidoti announced an upgrade to their price target for POOL on Friday. Sidoti boasts a solid 60%+ overall Win% in our system. More impressively, 77% of analyst actions on POOL have been successful. Sidoti are the latest in a stream of analysts to upgrade the stock.

The stock was down slightly on the trading session, suggesting substantial remaining upside from this upgrade.

2.    TriMas Corp. (TRS): Downgraded by the Influential Seaport Global Securities

TRS Chart

TriMas Corp (TRS) is a diversified manufacturer of engineered products for a variety of industrial and commercial applications. They were downgrade by Seaport Global on Friday. They cited earnings dilution due to new debt offerings by TRS.

Seaport Global Securities is one of the highest rated analysts in our system, racking up an impressive 78% win rate on price target shifts. Moreover, analysts have so far been extremely successful predicting movement for TRS, with a 100% win rate on target changes for that company.

3.    Wendy’s (WEN): Upgraded to ‘Buy’ by Longbow

WEN ChartWendy’s is a long-standing American fast good burger franchise. They were upgraded by analysts at Longbow Friday, citing massive cash flows that could trigger largescale buybacks in the coming year.

Longbow holds an impressive record in the NewsQuantified database, winning on 77% of its stock price target modifications. They set an $18 price target for Wendy’s, for which analysts have won around 60% of price predictions overall.

Diverse Plays, Great Profits: All in a single news day.

A powerful news analytics platform like NewsQuantified not only makes it easy to track the news, but to quickly compare news events with key financial information.

Today’s plays make the power of this news-based trading approach clear. No small investor could be expected to track all these companies, diverse across industry, market cap, and valuation. No small investor could be expected to have accurate real-time metrics on the success of these different analysts.

Yet they were all at the top of a single easy to use dashboard in the NewsQuantified platform. We make it simple to find strong, diverse plays in any market environment.

Click here
 to sign up for a free training today. You’ll see how easy to use our platform really is—and how many profitable trades it can unlock.

Subscribe to Email Updates