Research Analysts’ updated eps estimates for Wednesday, August 16th:
Abeona Therapeutics (NASDAQ:ABEO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Abeona Therapeutics, Inc. is engaged in developing and delivering gene therapy and plasma-based products for rare diseases. Abeona Therapeutics Inc., formerly known as PlasmaTech Biopharmaceuticals, Inc., is based in Dallas, United States. “
Oppenheimer Holdings, Inc. initiated coverage on shares of Albemarle Corporation (NYSE:ALB). They issued an outperform rating and a $133.00 target price on the stock.
Craft Brew Alliance (NASDAQ:BREW) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $21.00 price target on the stock. According to Zacks, “Craft Brew Alliance Inc. is engaged in the business of brewing, marketing and selling of craft beers in the United States. The Company operates in two segments: Beer Related operations and Pubs and Other. Craft Brew owns and operates production breweries with adjacent restaurants or pubs in Portland, Oregon, Woodinville, Washington and Portsmouth, New Hampshire and in Kona, Hawaii. It offers its beer products under the Widmer Brothers, Redhook and Kona Brewing brand names. Craft Brew Alliance Inc., formerly known as Craft Brewers Alliance, Inc., is headquartered in Portland, Oregon. “
Disco Corporation (NASDAQ:DSCSY) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $40.00 target price on the stock. According to Zacks, “DISCO Corporation manufactures and sells precision cutting, grinding and polishing machines primarily in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws, as well as products for dicing before grinding process and package singulation. The company also manufactures and sells precision diamond abrasive tools; and offers processing services. DISCO Corporation is headquartered in Tokyo, Japan. “
The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Descartes Systems Group Inc. a leading provider of software-as-a-service logistics solutions. It is delivering results across the globe today for organizations that operate logistics-intensive businesses. Descartes’ logistics management solutions combine a multi-modal network, the Descartes Global Logistics Network, with component-based ‘nano’ sized applications to provide messaging services between logistics trading partners, book-to-bill services for contract carriers and private fleet management services for organizations of all sizes. These solutions and services help Descartes’ customers reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven and improve pick up and delivery reliability. Descartes Systems Group Inc. is headquartered in Waterloo, Canada. “
FNF Group of Fidelity National Financial (NYSE:FNF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Fidelity National Title Group, Inc. is a leading provider of title insurance, specialty insurance and claims management services. FNT is one of the nation’s largest title insurance companies through its title insurance underwriters. FNT also provides flood insurance, personal lines insurance and home warranty insurance through it specialty insurance business. FNT also is a leading provider of outsourced claims management services to large corporate and public sector entities through its minority-owned subsidiary, Sedgwick CMS. “
Garrison Capital (NASDAQ:GARS) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Garrison Capital Inc. is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by making investments primarily in debt securities and loans of the United States-based middle-market companies, which it defines as those having annual earnings before interest, taxes and depreciation, or EBITDA of certain amount. It invests or provides direct lending in first lien senior secured loans, second lien senior secured loans, one-stop senior secured loans or unitranche loans, subordinated or mezzanine loans, unsecured consumer loans and to a lesser extent, selected equity co-investments in middle-market companies. The Company intends to generate risk-adjusted net returns by assembling a portfolio of investments. The Company’s investments include debt investments, preferred and minority equity investments (equity) of diversified companies and a portfolio of unsecured small balance consumer loans. “
HDFC Bank Limited (NYSE:HDB) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $107.00 target price on the stock. According to Zacks, “HDFC BANK’s mission is to be a World Class Indian Bank. The Bank’s aim is to build a sound customer franchise across distinct businesses so as to be the preferred provider of banking services in the niche segments that the bank operates in and to achieve healthy growth in profitability, consistent with the bank’s risk appetite. The bank aims to ensure the highest level of ethical standards, professional integrity and regulatory compliance. HDFC Bank’s business philosophy is based on four core values: Operational Excellence, Customer Focus, Product Leadership and People. “
Heico Corporation (NYSE:HEI) was downgraded by analysts at Deutsche Bank AG from a buy rating to a hold rating.
H2O INNOVATION INC (NASDAQ:HEOFF) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “H2O Innovation Inc. designs and provides integrated water treatment solutions based on membrane filtration technology to municipal, energy and natural resources end-users. It designs water treatment systems for the production of drinking water and industrial process water, the reclamation and reuse of water, and the treatment of wastewater, while providing a complete line of specialty chemicals and consumables for membrane filtration and reverse osmosis systems. The Company’s products comprise pressure filters, ultrafiltration systems, NF and RO membranes, and mobile and pilot units; and wastewater treatment solutions comprising Bio-Wheel biological treatment systems, Bio-Brane membrane bioreactors, and BiH2Omobile mobile wastewater treatment systems. It has operations primarily in Canada, the United States, Tunisia, China, Egypt, the United Arab Emirates, Oman, Switzerland, Mexico, Israel, and other countries. H2O Innovation Inc. is headquartered in Quebec City, Canada. “
Howard Hughes Corporation (The) (NYSE:HHC) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Howard Hughes Corporation operates as a real estate company engaged in the development of master planned communities and other strategic real estate development opportunities across the United States. The Company operates its business in two lines of business: Master Planned Communities and Strategic Development. Its Master Planned Communities segment consists of the development and sale of residential and commercial land, primarily in large-scale projects in and around Columbia, Maryland; Houston, Texas; and Las Vegas, Nevada. Its Strategic Development segment is made up of near, medium and long-term real estate properties and development projects. Howard Hughes Corporation is headquartered in Wacker Drive, Chicago. “
Hollysys Automation Technologies (NASDAQ:HOLI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “HLS SYSTEMS INTERNATIONAL has become one of the leading automation systems providers in the People’s Republic of China, developing a number of core technologies and completing numerous projects utilizing a wide array of automation products. With its philosophy of sincere concern for customers and its technical innovation capabilities, HLS Systems International specializes in the research, development, production, sale and distribution of industrial automation for digital railway signals and information systems, e-government, motor drive transmissions and safety controls for nuclear power reactors. “
Herc Holdings (NYSE:HRI) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Herc Holdings, Inc. through its subsidiary Herc Rentals Inc. provides equipment rental suppliers primarily in North America. The company is a full-line equipment-rental supplier in commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment and agriculture. The equipment rental business is supported by ProSolutions (Tm). Herc Holdings Inc., formerly known as Hertz Global Holdings, Inc., is based in Bonita Springs, United States. “
Innoviva (NASDAQ:INVA) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Innoviva, Inc. is focused on the development, commercialization and financial management of bio-pharmaceuticals. The company’s portfolio of respiratory assets partnered with Glaxo Group Limited, including RELVAR(R)/BREO(R) ELLIPTA(R) and ANORO(R) ELLIPTA(R). Innoviva, Inc., formerly known as Theravance, Inc., is headquartered in South San Francisco, California. “
Innospec (NASDAQ:IOSP) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $64.00 price target on the stock. According to Zacks, “Octel Corp. is a major manufacturer and distributor of fuel additives and other specialty chemicals. Their products are sold globally, primarily to oil refineries. Principal product lines are lead alkyl antiknock compound, other petroleum additives and performance chemicals. “
LTC Properties (NYSE:LTC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “LTC Properties, Inc., a health care real estate investment trust, invests primarily in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. Their primary objectives are to sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in long-term care facilities and other health care related facilities managed by experienced operators providing quality care. “
Luna Innovations (NASDAQ:LUNA) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $1.75 price target on the stock. According to Zacks, “LUNA INNOVATIONS INCORPORATED develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. Luna develops technologies in four primary areas: Sensors & Systems; Health Sciences; Materials & Secure Computing. Luna’s product offerings generally fit into two categories: Instrumentation, Test & Measurement & Healthcare. The products are used to measure, monitor, protect and improve critical processes in the markets we serve. Through its disciplined commercialization business model, Luna has become a recognized leader in transitioning science to solutions. Luna is headquartered in Roanoke, Virginia. “
Luxoft Holding (NYSE:LXFT) was downgraded by analysts at Zacks Investment Research from a buy rating to a strong sell rating. According to Zacks, “Luxoft Holding, Inc. offers software development services and information technology solutions. Its software development services consist of software development and support, product engineering and testing and technology consulting. The Company focuses on six industry verticals: financial services, travel and aviation, technology, telecom, automotive and transport and energy. It operates primarily in Western Europe and North America. Luxoft Holding, Inc. is based in Tortola, Virgin Islands. “
Oppenheimer Holdings, Inc. began coverage on shares of PolyOne Corporation (NYSE:POL). They issued an outperform rating and a $43.00 price target on the stock.
Raymond James Financial, Inc. began coverage on shares of PRA Health Sciences (NASDAQ:PRAH). The firm issued an outperform rating and a $89.00 target price on the stock.
Valeant Pharmaceuticals International (NYSE:VRX) (TSE:VRX) had its buy rating reiterated by analysts at Cantor Fitzgerald. Cantor Fitzgerald currently has a $23.00 price target on the stock. The analysts wrote, “Valeant announced that the FDA confirmed it intends to issue a Voluntary Action Indicated (VAI) inspection classification for its Bausch + Lomb manufacturing facility in Tampa, Florida.””
Oppenheimer Holdings, Inc. assumed coverage on shares of Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPT). The firm issued an outperform rating and a $3.00 price target on the stock.
