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Teva and Micron Technology Receive Buy Ratings

Here are today's top Wall Street analyst ratings where's unbiased fair value estimates support the recommendation.

Top Upgrades and Buy Ratings

  • Deutsche Bank, Oppenheimer and Sanford C. Bernstein reiterated Teva Pharmaceutical (NYSE:TEVA) at Buy/Outperform. Shares look to be trading at a significant discount to fair value.

  • Needham & Company reiterated BroadSoft (Nasdaq:BSFT) at Buy.'s fair value estimate implies that shares are 18% undervalued.

  • Seaport Global Securities initiated coverage on Beacon Roofing Supply(Nasdaq:BECN) with a Buy rating and set a $53 price target. Nine valuation models imply a similar fair value of $54 per share representing 17% upside.

  • Citigroup started coverage on Micron Technology (Nasdaq:MU) with a Buy rating. Shares jumped over 6% on the news. The stock still has almost 15% margin of safety.

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