Top Analyst Ratings: November 16, 2016
Finbox io | Nov 16, 2016 05:11PM ET
Here are today’s top Wall Street analyst ratings where finbox.io’s unbiased fair value estimates supported the recommendation.Top Upgrades
- KeyCorp initiated coverage on Cooper Tire & Rubber Company (NYSE:CTB) at overweight. Shares currently have over 30% upside.
- Credit Suisse reiterated its buy rating on PAREXEL International (NASDAQ:PRXL). Stock’s trading at a 25% discount to fair value.
- RBC Capital raised its target price for Discovery Communications (NASDAQ:DISCA) to $33-$35 per share. Finbox.io data concurs.
- BMO Capital upgraded Pan American Silver Corp (NASDAQ:PAAS) to outperform. The company is +15% undervalued.
Top Downgrades
- Barclays downgraded Level 3 Communications (NYSE:LVLT). Shares are currently trading at are large premium.
- Bank of America downgraded Vulcan Materials Company (NYSE:VMC). Ten valuation models show the stock is 30% overvalued.
Get The News You Want
- Macquarie downgraded ViaSat Inc (NASDAQ:VSAT) to underperform. Fundamentals support rating change.
- Bank of America (NYSE:BAC) downgraded Summit Materials (NYSE:SUM). Shares currently have little 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.