Research Analysts’ updated eps estimates for Thursday, August 31st:

Analog Devices (NASDAQ:ADI) was upgraded by analysts at Nomura from a reduce rating to a neutral rating. Nomura currently has $80.00 target price on the stock, up from their previous target price of $72.50.

Roth Capital started coverage on shares of Air Industries Group (NYSEMKT:AIRI). The firm issued a buy rating and a $1.75 target price on the stock.

Abercrombie & Fitch (NYSE:ANF) was upgraded by analysts at Royal Bank Of Canada from an underperform rating to a sector perform rating.

Best Buy Co. (NYSE:BBY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Best Buy has exhibited a bullish run in the index and outpaced the industry in the past year driven by its strategic efforts, sturdy online sales growth and solid earnings surprise history. Despite reporting robust results in second-quarter fiscal 2018, the stock took a hit as investors are concerned about margins which may come under pressure due to increase in investment. The company is making extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors. Moreover, following the completion of “Renew Blue” program, it launched a fresh strategy called “Best Buy 2020: Building the New Blue”. Under this strategy, the top most priority is to explore and pursue growth opportunities and optimize cost with focus on key areas. However, the challenging retail landscape, aggressive promotional strategies and waning store traffic remain concerns.”

Brunswick Corporation (NYSE:BC) had its buy rating reiterated by analysts at KeyCorp. The firm currently has a $62.00 price target on the stock.

Brown Forman Corporation (NYSE:BF.B) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $57.00 target price on the stock. According to Zacks, “Brown-Forman outperformed the industry in the past month driven by robust outlook for fiscal 2018. The company retained underlying net sales and operating income forecasts after posting solid a first-quarter fiscal 2018, wherein both earnings and sales topped estimates. In fact, the bottom line reflected a turnaround from the dismal earnings reported in the prior quarter, benefiting from sturdy operating income growth and lower tax rate. Also, the company raised earnings projections for fiscal 2018, reflecting reduced tax rate and diminished foreign currency headwinds. Further, Brown-Forman is confident of growth at its premium American whiskey and tequila brands. Also, it expects to gain from new product launches including Jack Daniel's Tennessee Rye and Slane Irish Whiskey. However, the company anticipates volatile global economic situation, mainly in emerging markets, and intense competition in developed economies to hinder results.”

Cascadian Therapeutics (NASDAQ:CASC) had its hold rating reaffirmed by analysts at Cantor Fitzgerald. Cantor Fitzgerald currently has a $4.00 price target on the stock.

Ctrip.com International (NASDAQ:CTRP) had its buy rating reissued by analysts at Benchmark Co.. They currently have a $58.00 target price on the stock, down from their previous target price of $61.00.

Camping World Holdings (NYSE:CWH) had its buy rating reaffirmed by analysts at KeyCorp. KeyCorp currently has a $42.00 target price on the stock.

Callaway Golf (NYSE:ELY) had its buy rating reiterated by analysts at KeyCorp. KeyCorp currently has a $16.00 price target on the stock.

Raymond James Financial, Inc. initiated coverage on shares of Flagstar Bancorp (NYSE:FBC). They issued an outperform rating and a $36.00 target price on the stock.

FedEx Corporation (NYSE:FDX) was downgraded by analysts at Vetr to a sell rating. The firm currently has $204.84 target price on the stock.

Gilead Sciences (NASDAQ:GILD) was upgraded by analysts at Argus from a hold rating to a buy rating.

JMP Securities assumed coverage on shares of Huntington Bancshares (NASDAQ:HBAN). JMP Securities issued a market perform rating and a $15.00 target price on the stock.

Harley-Davidson (NYSE:HOG) had its sector weight rating reissued by analysts at KeyCorp.

Societe Generale initiated coverage on shares of Helmerich & Payne (NYSE:HP). The firm issued a hold rating and a $46.00 price target on the stock.

Intel Corporation (NASDAQ:INTC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $39.00 target price on the stock. According to Zacks, “Intel’s growing focus on the data-centric part of the business is positive. The launch of Xeon Scalable is anticipated to improve its footprint in the data center as well as AI space, going forward. The company unveiled Myriad X, which will boost footprint in the IoT space.Moreover, the recent Core 8 launch will boost PC market share amid intensifying competition from AMD. We note that the top-PC makers like HP, Lenovo, and Asus are set to launch PCs based on Qualcomm’s ARM-based Snapdragon processor, which is a headwind for the company. Further, anticipated improvement in cost structure and lower spending, primarily due to improving operational efficiency will aid in expansion of margins going forward. Additionally, aggressive share buyback will boost the bottom line in 2017. However, we note that Intel has underperformed the industry on a year-to-date basis. Moreover, declining PC-shipments is a concern.”

Drexel Hamilton initiated coverage on shares of Iridium Communications (NASDAQ:IRDM). Drexel Hamilton issued a buy rating and a $14.00 target price on the stock.

L Brands (NYSE:LB) had its buy rating reaffirmed by analysts at FBR & Co. The firm currently has a $58.00 price target on the stock. The analysts wrote, “LB reported August SSS of –4%, versus FBR/consensus estimates of –3.8%/–4.4% and guidance of –LSD/–MSD. Comps were affected by about –2% due to cycling the apparel/swim product exit LY . August’s merch margin remained flat, compared to LY , driven by a positive VS and negative BBW due to more clearance. Inventories per square foot are very clean, with August down –7% YOY . LB guided September comps to –LSD, with a negative impact of –2% from apparel/swim category exits. We estimate LB September SSS to be –2.2%, versus +3.0 LY . We like the improvement in VS comp and merch margin and expect SSS to continue to improve as we cycle the swim/apparel exit and bralette ramp. We believe LB’s solid brands continue to resonate well with consumers and expect more normalized results in 2H once these pressures ease.””

LGI Homes (NASDAQ:LGIH) was upgraded by analysts at Wedbush from a neutral rating to an outperform rating. They currently have $35.00 target price on the stock.

Mattel (NASDAQ:MAT) had its sector weight rating reissued by analysts at KeyCorp.

Oppenheimer Holdings, Inc. began coverage on shares of Mesoblast limited (NASDAQ:MESO). Oppenheimer Holdings, Inc. issued an outperform rating and a $16.00 price target on the stock.

Societe Generale started coverage on shares of Nabors Industries (NYSE:NBR). The firm issued a hold rating and a $7.00 price target on the stock.

Otonomy (NASDAQ:OTIC) had its buy rating reiterated by analysts at SunTrust Banks, Inc..

Occidental Petroleum Corporation (NYSE:OXY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Shares of Occidental Petroleum have lost in the last 12 months, wider than the industry's loss over the same period. The recent weakness in oil prices could jeopardize Occidental‘s plans to achieve cash flow breakeven.  Occidental Petroleum, like other oil and natural gas companies, faces the risks of cost overruns and development interruptions due to delays in drilling and other approvals, property or border disputes, and equipment failures. The company also had to shut down operation in Texas to ward off the impact of Hurricane Harvey that will adversely impact its earnings. However, the company plans to gain by producing more oil from the Permian Resources and concentrate more on high margin production region. Nonetheless, the company generates stable cash flow and is working to reach cash flow breakeven at low oil prices.”

Paysafe Group Plc (LON:PAYS) was downgraded by analysts at Canaccord Genuity from a buy rating to a hold rating.

Polaris Industries (NYSE:PII) had its sector weight rating reissued by analysts at KeyCorp.

Societe Generale assumed coverage on shares of Patterson-UTI Energy (NASDAQ:PTEN). The firm issued a buy rating and a $22.00 target price on the stock.

Royal Dutch Shell PLC (NYSE:RDS.A) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “The three-year commodity bear market has adversely affected Royal Dutch Shell’s earnings and cash flows, particularly at its upstream unit. With oil staying below the psychologically-critical $50 threshold, Shell's near-to-medium term revenue outlook remains cloudy. We are also apprehensive that the group's disposal program could affect production, which fell 11% sequentially in the most recent quarter. Furthermore, lost reserves/production from the group's assets in Nigeria amid militant attacks and heightened risk related to the company’s remaining operations in the country cannot be ignored either. We also expect Shell ADRs to remain soft as the $50 billion BG acquisition has put pressure on the company's balance sheet. Considering these headwinds, we expect Shell to perform below the industry, which gives investors little reason to hold the stock.”

Transocean LTD (NYSE:RIG) was upgraded by analysts at Capital One Financial Corporation from an equal weight rating to an overweight rating.

Ross Stores (NASDAQ:ROST) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $66.00 target price on the stock. According to Zacks, “Ross Stores has outperformed the broader industry in the past year, given its positive record of earnings surprises in 12 of the trailing 13 quarters. In second-quarter fiscal 2017, both the top and bottom lines topped estimates and improved year over year. Results gained from solid top-line growth that was driven by broad-based growth across all merchandise categories and regions. Further, better-than-expected sales and operating profits at dd's DISCOUNTS aided results. Concluding first-half fiscal 2017 on a strong note, the company provided guidance for the second half and accordingly raised earnings view for fiscal 2017. This led to an uptrend in estimates for fiscal 2017. Moreover, its solid financial status, ongoing merchandise initiatives and consistent focus on store expansion bode well. However, the company anticipates witnessing the most challenging year-ago comparisons in second-half fiscal 2017, alongside a volatile retail backdrop.”

JMP Securities initiated coverage on shares of TCF Financial Corporation (NYSE:TCF). They issued a market perform rating on the stock.

Workday (NYSE:WDAY) had its buy rating reaffirmed by analysts at Canaccord Genuity. The firm currently has a $125.00 price target on the stock, up from their previous price target of $115.00.

Workday (NYSE:WDAY) had its neutral rating reiterated by analysts at Wedbush. Wedbush currently has a $104.00 price target on the stock.

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