Research Analysts’ Updated EPS Estimates for August, 23rd (AEIS, AMZN, CBAY, CREE, CRMT, ELVT, NGS, PFG, PHGUF, PMT)
Stifel Nicolaus initiated coverage on shares of Advanced Energy Industries (NASDAQ:AEIS). They issued a hold rating and a $74.00 target price on the stock.
Amazon.com (NASDAQ:AMZN) had its buy rating reissued by analysts at Independent Research GmbH.
Leerink Swann began coverage on shares of CymaBay Therapeutics (NASDAQ:CBAY). Leerink Swann issued an outperform rating on the stock.
Cree (NASDAQ:CREE) was downgraded by analysts at Stephens from an equal weight rating to an underweight rating.
Stephens began coverage on shares of America’s Car-Mart (NASDAQ:CRMT). Stephens issued an equal weight rating on the stock.
Stephens started coverage on shares of Elevate Credit (NYSE:ELVT). They issued an equal weight rating on the stock.
Imperial Capital assumed coverage on shares of Natural Gas Services Group (NYSE:NGS). They issued an outperform rating and a $27.00 target price on the stock.
Provident Financial plc (LON:PFG) was downgraded by analysts at Citigroup Inc. to a neutral rating.
Pharming Group (NASDAQ:PHGUF) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Pharming Group NV develops innovative therapeutics for the treatment of genetic disorders, specialty products for surgical indications and nutritional products. The advanced technologies of the Company include innovative and validated platforms for the production of protein therapeutics, technology and processes for the purification and formulation of its products. Its primary product Ruconest (R) is a recombinant human C1 inhibitor approved for the treatment of angioedema attacks in patients with hereditary angioedema in the European Union countries, Norway, Iceland and Liechtenstein. Pharming Group NV is headquartered in Leiden, the Netherlands. “
PennyMac Mortgage Investment Trust (NYSE:PMT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “PennyMac Mortgage Investment Trust is a real estate investment trust. The Company operates as a specialty finance company that will invest primarily in residential mortgage loans and mortgage-related assets. The company seeks to acquire primarily troubled home mortgage loans and mortgage-backed securities from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions, and direct acquisitions from mortgage and insurance companies and foreign banks. The Company’s objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation. The Company focuses on investing in mortgage loans, a substantial portion of which may be distressed and acquired at discounts to their unpaid principal balances. PennyMac is managed by investment adviser PNMAC Capital Management and offers primary and special loan servicing through PennyMac Loan Services. “
Ultragenyx Pharmaceutical (NASDAQ:RARE) was downgraded by analysts at SunTrust Banks, Inc. from a buy rating to a hold rating.
RIB Software SE (ETR:RIB) had its buy rating reiterated by analysts at Warburg Research.
Stephens initiated coverage on shares of Regional Management Corp. (NYSE:RM). The firm issued an equal weight rating on the stock.
Imperial Capital began coverage on shares of Superior Drilling Products (NASDAQ:SDPI). Imperial Capital issued an outperform rating on the stock.
Tintri (NASDAQ:TNTR) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating.