Equities Research Analysts’ updated eps estimates for Monday, October 2nd:

Allergan PLC. (NYSE:AGN) had its equal weight rating reiterated by analysts at Barclays PLC.

Alexion Pharmaceuticals (NASDAQ:ALXN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Alexion’s blockbuster drug, Soliris, continues to perform well and the company is working to expand the drug's label. A potential label expansion of the drug for additional indications will boost revenues. Among new products, while Strensiq is doing well, the company redefined its strategy for Kanuma which earlier lagged expectations. In order to focus better in core areas, Alexion is de-prioritizing a few clinical programs and terminating its partnerships with Moderna Therapeutics, Blueprint Medicines and Arbutus Biopharma. With a new CFO, we expect investor focus on results from the realignment of the resources and Kanuma's performance. Shares of the company have outperformed the industry in the last six months. However, the company relies heavily on Soliris for growth while prcing will impact Strensiq revenues in the second half.”

Ameriprise Financial Services (NYSE:AMP) had its equal weight rating reaffirmed by analysts at Barclays PLC.

American Tower Corporation (REIT) (NYSE:AMT) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Over the past three months, share price of American Tower grew 4%, as against the industry's loss of 1.5% . American Tower continues to benefit from increased investment of wireless carriers in 4G LTE and 5G networks. The company’s tower buyouts in emerging markets and long-term tower leases with major wireless carriers have driven its top line and lend it a competitive edge over rivals. American Tower’s Indian, EMEA and Latin American operations account for almost 50% of its organic core revenue growth. However, American Tower has a substantially leveraged balance sheet. High customer concentration is likely to affect the company’s top line. Expansion in the global market increases the company’s exposure to foreign currency exchange rate risks. Stiff competition, integration risks and rising operating expenses are other headwinds.”

AptarGroup (NYSE:ATR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “For third-quarter 2017, AptarGroup expects earnings to be in the range of 77–97 cents. The mid point of the guidance reflects 4.8% improvement year over year. Its focus on execution of growth strategy will help customers to grow their businesses with innovative dispensing solutions. The company has implemented a commercial excellence program to boost sales and marketing capability in its Beauty + Home segment. However, AptarGroup continues to face headwinds in Brazil due to tough economic situation. Absence of some significant custom tooling sales will drag Pharma segment's sales growth in the next quarter. In addition, weak consumer spending will hit AptarGroup, curbing demand for its products. Additional interest expense, higher raw material costs and foreign exchange volatility will also hurt the company’s results in the near term. Its estimates have gone down lately.”

BlackBerry Limited (NASDAQ:BBRY) (TSE:BB) had its hold rating reiterated by analysts at Canaccord Genuity. The firm currently has a $10.00 target price on the stock.

Brookdale Senior Living (NYSE:BKD) had its buy rating reissued by analysts at Jefferies Group LLC. They currently have a $15.50 price target on the stock, down from their previous price target of $16.50.

Crown Holdings (NYSE:CCK) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $67.00 target price on the stock. According to Zacks, “Crown Holdings projects 2017 adjusted diluted earnings per share in the range of $3.90–$4.05. Adjusted diluted earnings per share for the third quarter are projected in the range of $1.35–$1.45. To meet growing beverage can demand, the company intends to build new facilities and is poised to gain from the geographic expansion of its beverage can lines. Additionally, it is poised to gain from potential strategic acquisitions in geographic areas and product lines. Year-to-date, Crown Holdings has outperformed the industry. The company has a positive record of earnings surprises in the last few quarters.”

Carnival Corporation (NYSE:CCL) had its buy rating reissued by analysts at Instinet. They currently have a $75.00 price target on the stock.

C.H. Robinson Worldwide (NASDAQ:CHRW) had its price target increased by Barclays PLC from $67.00 to $70.00. Barclays PLC currently has an equal weight rating on the stock.

Chipotle Mexican Grill (NYSE:CMG) had its underperform rating reiterated by analysts at Cowen and Company. Cowen and Company currently has a $250.00 target price on the stock.

Rockwell Collins (NYSE:COL) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Rockwell Collins derives a major portion of its revenues from overseas, which exposes it to the risk of currency fluctuations. Moreover, it lacks a stable alternative supplier for certain goods or services. Also, Rockwell Collins generates majority of revenues from fixed-price contracts, exposing its bottom line to cost over-runs. Notably, Rockwell Collins underperformed the broader industry, in last month. However, the company continues to be the foremost global supplier of communications and avionics equipment for both commercial and military customers. A diversified portfolio, comprising both commercial and government customers, protects it from risks of reduced orders from either customer class.”

Evonik Industries AG (FRA:EVK) had its neutral rating reiterated by analysts at DZ Bank AG.

Expeditors International of Washington (NASDAQ:EXPD) had its target price boosted by Barclays PLC from $58.00 to $63.00. They currently have an overweight rating on the stock.

First Solar (NASDAQ:FSLR) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $51.00 target price on the stock. According to Zacks, “First Solar continues to focus on retaining its competitive edge and aims to further consolidate its position in the market. Its constant product innovation efforts will continue to attract customers and expand its revenue stream. Moreover, the company outperformed the broader industry in the last year. However, President Trump’s recent walk out from the landmark Paris deal, apart from initiatives to repeal the Clean Power Plan and boosting coal production has kept the entire solar industry under immense pressure.”

General Dynamics Corporation (NYSE:GD) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $230.00 target price on the stock. According to Zacks, “Being one of the only two contractors in the world equipped to build nuclear-powered submarines, General Dynamics’ diverse portfolio of products and services along with its wide customer base provides it with an opportunity to generate solid revenues from different sources. Moreover, the recently approved fiscal 2018 defense policy bill, which includes provision to spend $6 billion in Navy shipbuilding, will surely boost the company's growth trajectory. Also its Gulfstream business continues to grow on the back of solid jet sales. However, the company operates in a highly competitive market and has to rely on other companies to provide materials, components and subsystems for its products.”

Group 1 Automotive (NYSE:GPI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Zacks Consensus Estimate for Group 1 Automotive’s quarterly earnings has remained unchanged of late. A downfall in new vehicle unit sales is a posing concern for the company. Also, in the last three months, Group 1 Automotive’s shares have underperformed the industry it belongs to. However, the company regularly acquires and divests dealerships and franchises to expand its business. These acquisitions enable the company to increase its operation in the United States and abroad. It also pursues different capital deployment strategies in order to boost shareholder value. Its financial position is also improving with higher cash balance.”

HP (NYSE:HPQ) had its neutral rating reissued by analysts at Guggenheim.

Hub Group (NASDAQ:HUBG) had its target price raised by Barclays PLC from $38.00 to $40.00. The firm currently has an underweight rating on the stock.

J.B. Hunt Transport Services (NASDAQ:JBHT) had its price target increased by Barclays PLC from $97.00 to $105.00. They currently have an equal weight rating on the stock.

KB Home (NYSE:KBH) had its sell rating reaffirmed by analysts at BTIG Research. BTIG Research currently has a $16.00 price target on the stock.

Swift Transportation (NYSE:KNX) had its target price raised by Barclays PLC from $33.00 to $37.00. Barclays PLC currently has an underweight rating on the stock.

Kansas City Southern (NYSE:KSU) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $122.00 target price on the stock. According to Zacks, “Kansas City Southern's shares comfortably outperformed the industry it belongs to in the last six months. The improving scenario with respect to coal is aiding Kansas City Southern significantly. We are also bullish on the company's efforts to reward shareholders dividend payments and buybacks. In line with this objective, the company recently hiked its quarterly dividend in excess of 9%. Moreover, its board cleared a new share repurchase program worth $800 million. Sluggish intermodal revenues and high fuel costs, however, remain concerns. Moreover, high fuel costs might limit bottom line growth going forward.”

Lockheed Martin Corporation (NYSE:LMT) had its buy rating reaffirmed by analysts at Deutsche Bank AG. The firm currently has a $340.00 price target on the stock, up from their previous price target of $305.00.

McDonald’s Corporation (NYSE:MCD) had its outperform rating reiterated by analysts at Telsey Advisory Group. The firm currently has a $180.00 target price on the stock, up from their previous target price of $170.00.

MGM Resorts International (NYSE:MGM) had its overweight rating reissued by analysts at Barclays PLC.

McCormick & Company, (NYSE:MKC) had its hold rating reaffirmed by analysts at Stifel Nicolaus. They currently have a $103.00 price target on the stock, up from their previous price target of $95.00.

MannKind Corporation (NASDAQ:MNKD) had its buy rating reaffirmed by analysts at Maxim Group. Maxim Group currently has a $4.00 target price on the stock.

Vail Resorts (NYSE:MTN) had its buy rating reaffirmed by analysts at Stifel Nicolaus. They currently have a $232.00 price target on the stock, up from their previous price target of $229.00.

NiSource (NYSE:NI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $29.00 price target on the stock. According to Zacks, “Shares of NiSource have gained higher than the industry it belongs to in the last 12 months. NiSource is benefiting from continued execution of its infrastructure investment strategy.  NiSource will annually invest nearly $1.6–$1.8 billion in planned utility infrastructures from 2018 to 2020 and has identified long-term infrastructure investments worth $30 billion. The company is also working actively to reduce its carbon footprint by bringing down the coal usage. Despite investing in upgrade programs, NiSource Inc. faces the risk of disruption in operation from its ageing infrastructure. NiSource’s rising debt level amid increasing interest rates is another concern.”

Prothena Corporation PLC (NASDAQ:PRTA) had its buy rating reiterated by analysts at SunTrust Banks, Inc.. The firm currently has a $75.00 target price on the stock.

Prothena Corporation PLC (NASDAQ:PRTA) had its buy rating reissued by analysts at Jefferies Group LLC. The firm currently has a $100.00 price target on the stock.

Rent-A-Center (NASDAQ:RCII) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $13.00 price target on the stock. According to Zacks, “Shares of Rent-A-Center have outpaced the industry in the past six months. The company is concentrating on a new labor model, supply chain initiative and productivity enhancements. These endeavors are directed toward improving the performance of Core U.S. segment, optimizing the AcceptanceNOW business and enhancing distribution channels as well as integrating retail and online offerings. The company is also rationalizing its store base and lowering its debt load. We believe that these efforts will help improve top and bottom line performance. In the second quarter of 2017, this rent-to-own operator posted a loss of 1 cent a share that missed the consensus mark and also fell substantially from the year-ago period. Total revenue also slid year over year but managed to beat the respective estimate, after missing the same in the trailing seven quarters. Comps also fell but improved sequentially. Notably, estimates have also improved lately.”

Rockwell Automation (NYSE:ROK) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $200.00 price target on the stock. According to Zacks, “Backed by an improving macro environment, Rockwell Automation expects adjusted earnings per share to lie between $6.60 and $6.80 and projects sales to be around $6.3 billion in fiscal 2017. The company will benefit from the consistent growth in the consumer and transportation verticals and expects heavy industries to grow in 2017 despite the prevailing softness in oil and gas and mining. Further, increased investment, acquisitions, product launches and share repurchases will support growth. Its shares have outperformed the industry in the past year.”

Sirius XM Holdings (NASDAQ:SIRI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Shares of Sirius XM have underperformed its industry in the last three months. The  stock gained 2.6%, while the industry appreciated 3.9%. Moreover, the company's high debt levels raise concerns. Adding further to its woes, increased leverage coupled with stiff competition from rivals will act as headwinds for the company going forward. The rise in operating expenses of the company are also concerning. However, the company's healthy net subscriber growth is encouraging. In fact, the company is expected to witness further growth in this respect in 2017. The company's guidance for 2017 is also encouraging.”

Shaw Communications (NYSE:SJR) (TSE:SJR.B) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $26.00 price target on the stock. According to Zacks, “Shaw Communications completed the sale of its data center operations – ViaWest to Peak 10 Holding Corp. and the purchase of wireless spectrums from Quebecor Media. The company’s rating outlook upgradation by Moody’s Investor Services was a major positive. Massive growth of cable TV subscribers from its Consumer and Wireless divisions marks a major gain for the company. The company has placed itself as a pure-play Canadian telecom company with the divesture of its arm, Shaw Media to Corus Entertainment. Over the past three months, the stock price grew 6.4% as against the industry's growth of 0.6%. However, the company operates in a highly competitive Canadian wireless market. The accumulating debt and decreasing cash flows is likely to escalate expenses going ahead. Rolling out of new brands and advertising promotion also raises expenses, which may impact margins moving ahead.”

U.S. Silica Holdings (NYSE:SLCA) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Earnings estimates for U.S. Silica for the third quarter is going down of late. U.S. Silica faces headwinds from an uncertain demand environment for frac sand, which may continue to affect its sales volumes. Elevated capital expenditure associated with expansion actions is another concern for the company. We are also concerned about the company’s stretched valuation. U.S. Silica has also underperformed the industry it belongs to over a year.”

Synopsys (NASDAQ:SNPS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Synopsys is a vendor of electronic design automation (EDA) software to the semiconductor and electronics industries. Shares of Synopsys has outperformed the industry over the past one year. Synopsys recently completed the buyout of a privately-held self-funded company, QuantumWise. We believe that the company’s sustained focus on introducing new products, acquisitions and deal wins will continue to boost results, going ahead. Moreover, unique intellectual properties and global support provided by the company will likely drive its forthcoming results. Furthermore, Synopsys’ strategy to return wealth to shareholders highlights its growth potential and stable liquidity position. However, competition from peers, a challenging technology spending environment and uncertainty regarding the exact time of realizing acquisition synergies keep us on the side-lines.”

Sarepta Therapeutics (NASDAQ:SRPT) had its outperform rating reissued by analysts at Robert W. Baird. They currently have a $101.00 target price on the stock.

TriMas Corp (NYSE:TRS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “TriMas’ results will be impacted by currency volatility and uncertainty in the broader macroeconomic environment. A stronger dollar makes product exports more difficult and translation impacts hamper sales of the company’s packaging and energy businesses, in Europe and the UK. Lower oil prices have affected the Arrow Engine business, which serves the upstream oil and natural gas markets at the well site, within its Engineered Components segment. In the packaging segment, the company continues to witness softer sales in certain segments of the U.S. market, primarily in health, beauty and home care. This will impact the segment’s sales in second-half 2017. Its estimates have gone down recently.”

Tyson Foods (NYSE:TSN) had its buy rating reaffirmed by analysts at Mizuho. Mizuho currently has a $76.00 target price on the stock.

Vericel Corporation (NASDAQ:VCEL) had its buy rating reiterated by analysts at BTIG Research.

Werner Enterprises (NASDAQ:WERN) had its price target increased by Barclays PLC from $25.00 to $32.00. Barclays PLC currently has an equal weight rating on the stock.

Wynn Resorts, Limited (NASDAQ:WYNN) had its market perform rating reaffirmed by analysts at Telsey Advisory Group. The firm currently has a $157.00 price target on the stock, up from their previous price target of $150.00.

XPO Logistics (NYSE:XPO) had its target price raised by Barclays PLC from $65.00 to $75.00. The firm currently has an overweight rating on the stock.

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