Analysts’ updated eps estimates for Monday, August 28th:
Amazon.com (NASDAQ:AMZN) had its hold rating reiterated by analysts at KeyCorp. The analysts wrote, “We believe the banner has lost market share to other competitors in natural/Organics (Costco, KR, Trader Joe’s, among others). The 22% initial price adjustments in key items are material and help bridge the gap (see Exhibit 1 herein). We also expect AMZN to continue to roll out additional 365 banner locations in an effort to make WFM’s price points more accessible. Look for other synergies to be adopted quickly. WFM is running a special on Echo ($99.99) and Echo Dot ($44.99). We expect the rollout of lockers to stores in short order. The Company will also adopt Prime as the loyalty program for WFM. Over time, this will enable AMZN to better understand online and in-store purchase behavior. Amazon’s aggressive moves to use price is a bit of a strategy pivot. While price is a component of AMZN’s Prime offering, we think it has increasingly leaned on convenience and delivery speed as some of the primary value propositions. The move to aggressively use price is similar to the strategy used within the book category. In comparison, in areas like apparel, AMZN has actually moved to MAP pricing as it has attracted key vendors.””
Air Products and Chemicals (NYSE:APD) had its target price boosted by Argus from $159.00 to $165.00. The firm currently has a buy rating on the stock.
Arcos Dorados Holdings (NYSE:ARCO) was upgraded by analysts at Citigroup Inc. from a neutral rating to a buy rating. The firm currently has $10.60 target price on the stock, up from their previous target price of $10.10.
Bayer AG (FRA:BAYN) was given a €124.00 ($145.88) target price by analysts at Deutsche Bank AG. The firm currently has a buy rating on the stock.
Box (NYSE:BOX) had its buy rating reissued by analysts at Drexel Hamilton. Drexel Hamilton currently has a $28.00 target price on the stock.
KeyCorp began coverage on shares of Chemed Corp. (NYSE:CHE). They issued a sector weight rating on the stock.
Leerink Swann initiated coverage on shares of Clementia Pharmaceuticals (NASDAQ:CMTA). Leerink Swann issued an outperform rating on the stock.
Ctrip.com International (NASDAQ:CTRP) had its price target trimmed by Cowen and Company from $60.00 to $53.00. Cowen and Company currently has an outperform rating on the stock.
Dollar Tree (NASDAQ:DLTR) was upgraded by analysts at Sanford C. Bernstein from an underperform rating to a market perform rating.
CTS Eventim AG & Co KGaA (ETR:EVD) had its buy rating reissued by analysts at DZ Bank AG.
William Blair assumed coverage on shares of Edwards Lifesciences Corporation (NYSE:EW). William Blair issued an outperform rating on the stock.
1-800 FLOWERS.COM (NASDAQ:FLWS) had its neutral rating reaffirmed by analysts at DA Davidson. The firm currently has a $9.00 price target on the stock, down from their previous price target of $11.00.
Fairmount Santrol Holdings (NYSE:FMSA) had its target price trimmed by Jefferies Group LLC from $8.00 to $5.00. They currently have a buy rating on the stock.
F.N.B. Corporation (NYSE:FNB) was upgraded by analysts at Boenning Scattergood from a neutral rating to an outperform rating.
Genesco (NYSE:GCO) had its neutral rating reiterated by analysts at Susquehanna Bancshares Inc. Susquehanna Bancshares Inc currently has a $29.00 price target on the stock, down from their previous price target of $43.00.
The Hain Celestial Group (NASDAQ:HAIN) had its buy rating reissued by analysts at Jefferies Group LLC. Jefferies Group LLC currently has a $40.40 target price on the stock, down from their previous target price of $52.00.
Horizon Pharma PLC (NASDAQ:HZNP) had its neutral rating reaffirmed by analysts at Mizuho. They currently have a $12.00 target price on the stock, up from their previous target price of $9.00.
Incyte Corporation (NASDAQ:INCY) had its outperform rating reiterated by analysts at BMO Capital Markets. The firm currently has a $172.00 target price on the stock.
Kimco Realty Corporation (NYSE:KIM) had its hold rating reiterated by analysts at Argus.
China Life Insurance Company Limited (NYSE:LFC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “China Life’s first-half 2017 net profit grew 17.8% year-over-year, primarily on the back of higher revenues. The company’s robust market position and organic growth initiatives are encouraging. Its operational efficiency is also reflected by its product upgrades and premium growth over the last few quarters. Its solid investment management also continues to impress. The company has the most extensive distribution and service network among all insurance companies operating in China. Year to date, the company’s shares have outperformed the industry. However, it suffers from rising expenses that have been pushing the bottom line down over last few quarters. Its severe exposure to market risk also bothers.”
Macerich Company (The) (NYSE:MAC) had its buy rating reiterated by analysts at KeyCorp. The firm currently has a $75.00 target price on the stock.
MetLife (NYSE:MET) had its neutral rating reiterated by analysts at Credit Suisse Group. Credit Suisse Group currently has a $53.00 target price on the stock, down from their previous target price of $64.00.
Merit Medical Systems (NASDAQ:MMSI) was downgraded by analysts at Citigroup Inc. from a strong-buy rating to an outperform rating. They currently have $44.00 price target on the stock. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.
Merit Medical Systems (NASDAQ:MMSI) had its outperform rating reiterated by analysts at Raymond James Financial, Inc.. They currently have a $44.00 price target on the stock.
Marvell Technology Group (NASDAQ:MRVL) had its market perform rating reissued by analysts at BMO Capital Markets. The firm currently has a $16.00 target price on the stock.
Matrix Service (NASDAQ:MTRX) had its hold rating reaffirmed by analysts at KeyCorp.
BMO Capital Markets initiated coverage on shares of Northern Dynasty Minerals (NYSEMKT:NAK) (TSE:NDM). They issued a market perform rating on the stock.
Nabriva Therapeutics AG (NASDAQ:NBRV) had its target price boosted by HC Wainwright from $16.00 to $18.00. The firm currently has a buy rating on the stock.
NewJersey Resources Corporation (NYSE:NJR) had its price target increased by Argus from $46.00 to $49.00. They currently have a buy rating on the stock.
Plains All American Pipeline, L.P. (NYSE:PAA) had its buy rating reissued by analysts at Jefferies Group LLC. They currently have a $24.00 price target on the stock, up from their previous price target of $20.19.
Plains All American Pipeline, L.P. (NYSE:PAA) had its target price trimmed by Stifel Nicolaus from $26.00 to $21.00. The firm currently has a hold rating on the stock.
Palo Alto Networks (NYSE:PANW) had its outperform rating reissued by analysts at Oppenheimer Holdings, Inc.. They currently have a $173.00 price target on the stock.
Qiagen N.V. (NASDAQ:QGEN) had its neutral rating reiterated by analysts at DZ Bank AG.
Dow Jones Equity All REIT Total Return Index (NASDAQ:REIT) was upgraded by analysts at JMP Securities to a market perform rating.
Signet Jewelers Limited (NYSE:SIG) had its buy rating reissued by analysts at Instinet. They currently have a $73.00 target price on the stock, up from their previous target price of $70.00.
U.S. Silica Holdings (NYSE:SLCA) had its buy rating reissued by analysts at Jefferies Group LLC. The firm currently has a $40.00 target price on the stock, down from their previous target price of $45.00.
Scotts Miracle-Gro Company (The) (NYSE:SMG) had its neutral rating reaffirmed by analysts at KeyCorp.
Splunk (NASDAQ:SPLK) had its neutral rating reissued by analysts at MKM Partners. They currently have a $68.00 target price on the stock, up from their previous target price of $63.00.
Ulta Beauty (NASDAQ:ULTA) had its target price lowered by Royal Bank Of Canada from $250.00 to $212.36. Royal Bank Of Canada currently has a sector perform rating on the stock.
Barclays PLC began coverage on shares of US Foods Holding Corp (NASDAQ:USFD). The firm issued an equal weight rating and a $30.00 target price on the stock.
Vmware (NYSE:VMW) had its buy rating reissued by analysts at MKM Partners. MKM Partners currently has a $120.00 target price on the stock, up from their previous target price of $110.00.
Nomura assumed coverage on shares of Venator Materials PLC (NASDAQ:VNTR). Nomura issued a buy rating and a $24.00 price target on the stock.
Venator Materials PLC (NASDAQ:VNTR) had its buy rating reissued by analysts at Deutsche Bank AG. They currently have a $24.00 target price on the stock.
Instinet assumed coverage on shares of Venator Materials PLC (NASDAQ:VNTR). The firm issued a buy rating and a $24.00 target price on the stock.
Venator Materials PLC (NASDAQ:VNTR) had its buy rating reiterated by analysts at Bank of America Corporation. The firm currently has a $23.00 target price on the stock.
Workday (NYSE:WDAY) had its hold rating reissued by analysts at Needham & Company LLC.
