Wall Street Analysts Reiterate Intel and Foot Locker at Buy
Finbox io | Dec 05, 2016 02:23PM 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
- MKM partners reiterated its Buy rating for Intel Corp. (NASDAQ:INTC) along with a $44 price target. Finbox.io’s intrinsic value is slightly lower but still implies 20% upside.
- William Blair upgraded WESCO International (NYSE:WCC) from Market Perform to Outperform. Seven valuation analyses imply that the stock is 17% undervalued.
- Deutsche Bank raised its target price for Boeing (NYSE:BA) to $175 along with its Buy rating. The new price target is supported by the company’s fundamentals.
- Canaccord Genuity reiterated its Buy rating for Foot Locker (NYSE:FL) and raised its price target to $83 per share. Finbox.io’s twelve valuation models conclude a fair value of $85 per share representing 13% upside.
- Drexel Hamilton downgraded Consolidated Communications (NASDAQ:CNSL) from Buy to Hold. Shares are currently trading at a large premium.
- Morgan Stanley downgraded Arista Networks (NYSE:ANET) from Overweight to Equal Weight. Nine valuation models imply the stock is almost 30% overvalued.
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- Macquarie downgraded Berry Plastics (NYSE:BERY) from Outperform to Neutral. Fundamentals support the rating change.
- Bank of America initiated Sherwin-Williams Company (NYSE:SHW) at Underperform. Eleven valuation models conclude that the company currently has a negative 15% margin of safety.
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