Here are today's top Wall Street analyst ratings where finbox.io's unbiased fair value estimates support the recommendation.
Top Upgrades and Buy Ratings
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Deutsche Bank, Oppenheimer and Sanford C. Bernstein reiterated Teva Pharmaceutical (NYSE:TEVA) at Buy/Outperform. Shares look to be trading at a significant discount to fair value.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137044/1_-_TEVA_u6qvf3.jpg' alt= ‘TEVA finbox.io fair value estimate’> -
Needham & Company reiterated BroadSoft (Nasdaq:BSFT) at Buy. Finbox.io's fair value estimate implies that shares are 18% undervalued.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137047/2_-_BSFT_crtwqg.jpg' alt= ‘BSFT finbox.io fair value estimate’> -
Seaport Global Securities initiated coverage on Beacon Roofing Supply (Nasdaq:BECN) with a Buy rating and set a $53 price target. Nine valuation models imply a similar fair value of $54 per share representing 17% upside.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137044/3_-_BECN_f5fyx3.jpg' alt= ‘BECN finbox.io fair value estimate’> -
Citigroup started coverage on Micron Technology (Nasdaq:MU) with a Buy rating. Shares jumped over 6% on the news. The stock still has almost 15% margin of safety.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137049/4_-_MU_aeklwg.jpg' alt= ‘MU finbox.io fair value estimate’>
Top Downgrades
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Stephens downgraded Core Laboratories (NYSE:CLB) from Equal Weight to Underweight. Shares are currently trading at a large premium.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137044/5_-_CLB_o44nkw.jpg' alt= ‘CLB finbox.io fair value estimate’> -
RBC Capital Markets downgraded IDEX Corp. (NYSE:IEX) from Outperform to Sector Perform. Eleven valuation models imply the stock is 27% overvalued.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137047/6_-_IEX_uug4wl.jpg' alt= ‘IEX finbox.io fair value estimate’> -
Morgan Stanley lowered its price target for Illumina (Nasdaq:ILMN) to $100 per share. Fundamentals support the lower price target.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137048/7_-_ILMN_fhi6gc.jpg' alt= ‘ILMN finbox.io fair value estimate’> -
Bank of America downgraded AptarGroup (NYSE:ATR) from Buy to Underperform. Nine valuation models conclude that the company currently has a negative 22% margin of safety.
<img src='http://res.cloudinary.com/finbox/image/upload/v1481137051/8_-_ATR_xa3x3v.jpg' alt= ‘ATR finbox.io fair value estimate’>
