American Eagle Receives Buy Rating; Duke Energy Downgraded to Sell
Finbox io | Jan 11, 2017 02:21PM ET
Here are today’s top Wall Street analyst ratings where finbox.io’s unbiased fair value estimates support the recommendation.h3 Top Upgrades and Buy Ratings/h3
- Wunderlich reiterated American Eagle Outfitters (NYSE:AEO) at Buy. The rating is supported by twelve cashflow models which conclude over 35% upside.
- RBC Capital Markets reiterated Splunk (NASDAQ:SPLK) at Outperform and set a $70 price target. Finbox.io’s fair value estimate is slightly higher at $71 per share.
- Credit Suisse initiated coverage on Expedia (NASDAQ:EXPE) at Outperform and set a $145 target price. Eleven separate valuation models conclude a slightly lower fair value of $136 per share which still represents 17% upside.
- Morgan Stanley upgraded BT Group (NYSE:BT) from Equal Weight to Overweight. The new rating is generally supported by the company’s fundamentals. Shares traded nearly 3% higher following the upgrade.
- Wells Fargo downgraded Magellan Midstream Partners (NYSE:MMP). The stock is currently trading at a large premium.
- Sanford C. Bernstein initiated coverage on NetEase (NASDAQ:NTES) at Underperform. Five valuation models imply that the stock is 21% overvalued.
Get The News You Want
- Citigroup downgraded Duke Energy (NYSE:DUK) from Neutral to Sell. Fundamentals support the rating change.
- SunTrust downgraded Surgcal Care Affiliates (NASDAQ:SCAI) from Buy to Hold. Ten cashflow models conclude that the company has a negative 17% margin of safety.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.