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
Sidoti upgraded Nu Skin Enterprises (NYSE:NUS) from Neutral to Buy. Shares currently have 16.5% upside.
Scotiabank reiterated Shaw Communications (TSX:SJR) at Outperform along with a $29 price target. Finbox.io's fair value estimate is below that figure at $23 per share but still implies 14% upside.
JMP Securities initiated coverage on Cree (Nasdaq:CREE) at Outperform and a $32 price target. Seven valuation models imply a fair value of $30 per share representing 12% upside.
Standpoint Research raised its price target for Aecom Technology (NYSE:ACM) to $48 per share. Shares traded higher by almost 4% following the news. The new price target is generally supported by the company's fundamentals.
Stifel Nicolaus downgraded Lincoln Electric (Nasdaq:LECO) from Buy to Hold. Shares are currently trading at a large premium.
Bank of America downgraded Helmerich & Payne (NYSE:HP) from Buy to Neutral. Nine valuation models imply the stock is 30% overvalued.
JMP Securities started coverage on Acuity Brands (NYSE:AYI) at Underperform and a $200 price target. Fundamentals support the rating change.
Stifel Nicolaus downgrades AZZ Inc. (AZZ) from Hold to Sell along with a $57 price target. The stock dropped nearly 8% following the news. Eleven valuation models conclude that the company still has a negative 17% margin of safety even after the drop.