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.
- Macquarie downgraded ViaSat Inc (NASDAQ:VSAT) to underperform. Fundamentals support rating change.