Analyst upgrades as well as downgrades typically get stock investors’ attention on Wall Street. When analysts upgrade companies, a ‘hold’, or neutral, opinion usually becomes a ‘buy’ conviction, with a new price target. And a downgrade involves an opposite move. Such a change in the conviction of a market professional who follows a given stock…

One of the most popular investment topics over the trailing year, special purpose acquisition companies (SPACs) have admittedly lost much of their luster. Due to underperformance in the year-to-date relative to benchmark equity indices, SPACs have left a sour taste in the mouths of retail investors. Ironically, though, business experts viewed SPACs cynically as a…