Investment Analysts’ updated eps estimates for Friday, September 1st:
Advanced Accelerator Applications (NASDAQ:AAAP) had its buy rating reaffirmed by analysts at Jefferies Group LLC. The firm currently has a $60.00 target price on the stock, up from their previous target price of $50.00.
Adva Optical Netwo (NASDAQ:ADVOF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “ADVA Optical Networking SE develops, manufactures and sells optical and Ethernetbased networking solutions. It serves telecommunications service providers, private companies, universities and government agencies. ADVA Optical Networking SE is headquartered in Munich, Germany. “
American Woodmark Corporation (NASDAQ:AMWD) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $93.00 target price on the stock. According to Zacks, “AMERICAN WOODMARK CORP. manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. Co. currently offers framed stock cabinets in almost 100 different cabinet lines, ranging in price from relatively inexpensive to medium priced styles. Styles vary by design and color from natural wood finishes to low- pressure laminate surfaces. The entire product offering includes thirty-three door designs and five colors. “
Arrow Electronics (NYSE:ARW) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $89.00 target price on the stock. According to Zacks, “The electronic component distributor, Arrow Electronics’ estimates has moved north off late. Shares of the company have also outperformed the industry over the last one year. The upside can be attributed to encouraging third-quarter guidance. We believe that the company’s core strength in providing best-in-class services and easy-to-acquire technologies should drive growth in the long run. Moreover, the company has secured a significant market share through a broad portfolio of products and services, and continued efforts to maximize consumer satisfaction. Additionally, incremental sales from strategic acquisitions are expected to boost the top line. However, an uncertain economic environment, high debt burden and competition remain the concerns.”
Coca-Cola Amatil (OTCMKTS:CCLAY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $7.25 price target on the stock. According to Zacks, “Coca-Cola Amatil limited’s principal activity is the manufacture, distribution and marketing of non-alcoholic ready to drink beverages which include carbonated and non carbonated drinks which include mineral and bottled waters, ready-to-drink coffee and tea, juices/nectar, sport drinks, fruit still drinks, energy drinks, other ready-to-drink beverages and flavoured milk drinks. Major brands include Coca-Cola, diet Coke, Coca-Cola Light, Fanta, Sprite, Lift, Lift Plus, POWERaDE, Mount Franklin, Fruitopia, pump, L&P, Deep Spring, Schweppes, Qoo, Kin Cider, and Nescafe. “
Concord Medical Services Holdings Limited (NYSE:CCM) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $4.50 price target on the stock. According to Zacks, “Concord Medical Services Holdings Limited operates a large network of radiotherapy and diagnostic imaging centers in China. Most of the centers in their network are established through long-term lease and management services arrangements entered into with their hospital partners. Under these arrangements, Concord Medical receives a contracted percentage of each center’s revenue net of specified operating expenses. Each center is located on the premises of their hospital partners and is typically equipped with a primary unit of advanced radiotherapy or diagnostic imaging equipment, such as a linear accelerator, head gamma knife system, body gamma knife system, PET-CT scanner or MRI scanner. “
CSG Systems International (NASDAQ:CSGS) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “CSG Systems International Inc. is a leading provider of outsourced billing, customer care and print and mail solutions and services supporting the North American cable and direct broadcast satellite markets. CSG’s solutions support some of the world’s largest and most innovative providers of bundled multi-channel video, Internet, voice and IP-based services. CSG’s unique combination of solutions, services and expertise ensure that cable and satellite operators can continue to rapidly launch new service offerings, improve operational efficiencies and deliver a high-quality customer experience in a competitive and ever-changing marketplace. “
DCP Midstream Partners, (NYSE:DCP) had its hold rating reissued by analysts at Jefferies Group LLC. They currently have a $33.00 target price on the stock, down from their previous target price of $35.00.
Edward Jones initiated coverage on shares of DowDuPont (NASDAQ:DWDP). The firm issued a hold rating on the stock.
Cowen and Company assumed coverage on shares of DowDuPont (NASDAQ:DWDP). The firm issued a market perform rating on the stock.
UBS AG assumed coverage on shares of DowDuPont (NASDAQ:DWDP). UBS AG issued a buy rating on the stock.
HSBC Holdings PLC (NYSE:HSBC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Shares of HSBC have outperformed the industry in the last six months. Continued success of its cost saving efforts should improve the bank’s operating efficiency and support profitability. While dismal European economic growth and weak loan demand are expected to lead to muted revenue growth, the company will likely benefit from its extensive global network and a solid asset growth. The announcement of $2 billion share repurchase plan reflects its strong capital position and boosts investors’ confidence in the stock.”
Marathon Petroleum Corporation (NYSE:MPC) had its hold rating reiterated by analysts at Scotiabank. The firm currently has a $55.00 target price on the stock.
National Fuel Gas (NYSE:NFG) had its hold rating reissued by analysts at Jefferies Group LLC. Jefferies Group LLC currently has a $54.00 target price on the stock, up from their previous target price of $52.00.
Novadaq Technologies (NASDAQ:NVDQ) (TSE:NDQ) had its hold rating reaffirmed by analysts at Canaccord Genuity. Canaccord Genuity currently has a $11.75 price target on the stock.
ONEOK (NYSE:OKE) had its hold rating reaffirmed by analysts at Jefferies Group LLC. They currently have a $52.00 target price on the stock, up from their previous target price of $51.00.
Tenet Healthcare Corporation (NYSE:THC) had its buy rating reissued by analysts at Deutsche Bank AG. Deutsche Bank AG currently has a $24.00 target price on the stock.
Targa Resources (NYSE:TRGP) had its buy rating reiterated by analysts at Jefferies Group LLC. Jefferies Group LLC currently has a $49.00 price target on the stock, down from their previous price target of $50.00.
UBS AG (NYSE:UBS) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $18.00 target price on the stock. According to Zacks, “UBS Group AG’s shares have underperformed the industry in the last six months. UBS Group remains focused on building capital levels, global expansion and executing restructuring initiatives. Moreover, management anticipates achieving CHF 2.1 billion in net cost reductions by the end of 2017. Though, UBS Group AG’s profitability continues to be challenged by negative interest rates in the domestic economy and strict regulatory framework, its strong capital position remains a tailwind.”
Washington Federal (NASDAQ:WAFD) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $35.00 price target on the stock. According to Zacks, “Shares of Washington Federal have outperformed the industry so far this year. The performance was supported by the company’s impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. The company is well positioned to benefit from continued improvement in loan balances and a rising rate scenario. Also, Further, the deal to acquire Anchor Bancorp is anticipated to be accretive to earnings. Though, elevated expenses and exposure to risky loan portfolios are likely to keep financials under pressure, Washington Federal’s steady capital deployment activities, supported by its strong capital position continues to enhance shareholders’ value.”
