Equities Research Analysts’ updated eps estimates for Thursday, August 10th:
American Campus Communities (NYSE:ACC) had its overweight rating reaffirmed by analysts at Cantor Fitzgerald. Cantor Fitzgerald currently has a $11.00 price target on the stock.
AECOM (NYSE:ACM) had its hold rating reissued by analysts at Credit Suisse Group. They currently have a $37.00 price target on the stock.
AeroVironment (NASDAQ:AVAV) had its hold rating reissued by analysts at Canaccord Genuity. Canaccord Genuity currently has a $35.00 target price on the stock. The analysts wrote, “Date and time of first dissemination: August 10, 2017, 10:54 ET Date and time of production: August 10, 2017, 10:54 ET Target Price / Valuation Methodology: AeroVironment – AVAV Our $35 price target is based on the blend of a ~60x EPS multiple and a ~27x EBITDA multiple, applied to our FY18 estimates. Risks to achieving Target Price / Valuation: AeroVironment – AVAV Risks to our thesis on AVAV include: a delay in FAA regulations for drone flights, which could result in a slower than anticipated adoption of UAS for commercial applications; spending cuts by the military; a slower-than-anticipated consumer adoption for electronic vehicles; and increased competition for the company’s business segments. Distribution of Ratings: Global Stock Ratings (as of 08/10/17) Rating Coverage Universe IB Clients # % % Buy 591 60.68% 40.10% Hold 281 28.85% 23.13% Sell 24 2.46% 8.33% Speculative Buy 78 8.01% 73.08% 974* 100.0% *Total includes stocks that are Under Review Canaccord Genuity Ratings System BUY: The stock is expected to generate risk-adjusted returns of over 10% during the next 12 months. HOLD: The stock is expected to generate risk-adjusted returns of 0-10% during the next 12 months. SELL: The stock is expected to generate negative risk-adjusted returns during the next 12 months. NOT RATED: Canaccord Genuity does not provide research coverage of the relevant issuer.””
AirBoss of America Corp (TSE:BOS) was downgraded by analysts at TD Securities from a buy rating to a hold rating. TD Securities currently has C$15.00 price target on the stock.
BWX Technologies (NYSE:BWXT) had its buy rating reissued by analysts at Bank of America Corporation. Bank of America Corporation currently has a $55.00 target price on the stock.
Cisco Systems (NASDAQ:CSCO) had its buy rating reaffirmed by analysts at Credit Suisse Group.
Canadian Solar (NASDAQ:CSIQ) had its buy rating reiterated by analysts at Axiom Securities.
CSRA (NYSE:CSRA) had its hold rating reiterated by analysts at Cowen and Company. The analysts wrote, “Q1’s strong bookings and huge outstanding bids are apt to sustain the stock’s upward.””
Cubic Corporation (NYSE:CUB) had its buy rating reissued by analysts at Canaccord Genuity. Canaccord Genuity currently has a $50.00 target price on the stock. The analysts wrote, “Date and time of first dissemination: August 10, 2017, 09:39 ET Date and time of production: August 10, 2017, 09:39 ET Target Price / Valuation Methodology: Cubic Corporation – CUB Our $50 price target is based on the weighted blend of a 33x EPS multiple and a 14x multiple on our adjusted 2018 EBITDA estimate. Risks to achieving Target Price / Valuation: Cubic Corporation – CUB A few of the investment risks for Cubic Corp include the potential for financial statement restatements (the company restated YE2013/2012 on May 2014 and has completed two restatements in the last three years), issues with internal control over financial reporting (the company addressed earlier this year, defense spending by U.S. and allied nations, government contractor bill rates and contracting terms, acquisition integration, FX rates and interest rate movements, contract timing in the CTS business, transport project management and cost control, specific DoD program timing and contract award schedules, technology integration into the government and transport markets, competitive consolidation and program bidding, M&A opportunities and pipeline.””
Evotec AG (NASDAQ:EVTCY) had its sell rating reaffirmed by analysts at DZ Bank AG.
Flexion Therapeutics (NASDAQ:FLXN) had its buy rating reaffirmed by analysts at Needham & Company LLC. The firm currently has a $36.00 price target on the stock, up from their previous price target of $34.00.
First Solar (NASDAQ:FSLR) had its buy rating reissued by analysts at Axiom Securities.
Canada Goose Holdings (NYSE:GOOS) had its neutral rating reiterated by analysts at Robert W. Baird.
Roth Capital started coverage on shares of Great Panther Silver (AMEX:GPL). Roth Capital issued a buy rating and a $2.00 price target on the stock.
Granite Oil Corp (TSE:GXO) was downgraded by analysts at National Bank Financial from an outperform rating to a sector perform rating. They currently have C$4.50 target price on the stock, down from their previous target price of C$6.00.
Granite Oil Corp (TSE:GXO) was downgraded by analysts at Raymond James Financial, Inc. from a strong-buy rating to an outperform rating. The firm currently has C$8.50 price target on the stock, down from their previous price target of C$8.75.
Hydro One (TSE:H) was upgraded by analysts at CIBC from a neutral rating to an outperform rating. CIBC currently has C$28.00 target price on the stock, up from their previous target price of C$27.00.
Henkel AG & Co KGaA (FRA:HEN3) had its buy rating reaffirmed by analysts at DZ Bank AG.
J.C. Penney Company, Inc. Holding (NYSE:JCP) was downgraded by analysts at Credit Suisse Group to a sell rating.
Nordstrom (NYSE:JWN) had its buy rating reiterated by analysts at Credit Suisse Group. Credit Suisse Group currently has a $52.00 target price on the stock.
Michael Kors Holdings Limited (NYSE:KORS) had its hold rating reaffirmed by analysts at Credit Suisse Group. Credit Suisse Group currently has a $43.00 target price on the stock.
KP Tissue (TSE:KPT) was upgraded by analysts at TD Securities from a hold rating to a buy rating. They currently have C$16.00 price target on the stock.
Kohl’s Corporation (NYSE:KSS) was upgraded by analysts at Gordon Haskett from a reduce rating to a hold rating. The firm currently has $35.00 target price on the stock.
LEG Immobilien AG (FRA:LEG) had its sell rating reissued by analysts at National Bank Financial.
AG Mortgage Investment Trust (NYSE:MITT) had its hold rating reaffirmed by analysts at Credit Suisse Group. Credit Suisse Group currently has a $18.00 target price on the stock.
Mylan N.V. (NASDAQ:MYL) had its sector perform rating reaffirmed by analysts at Royal Bank Of Canada. Royal Bank Of Canada currently has a $32.00 price target on the stock, down from their previous price target of $33.00.
Nevsun Resources (TSE:NSU) (TSE:NSU) was downgraded by analysts at TD Securities from a buy rating to a hold rating. They currently have C$4.00 price target on the stock, down from their previous price target of C$5.00.
Stratasys (NASDAQ:SSYS) had its market perform rating reaffirmed by analysts at Cowen and Company. Cowen and Company currently has a $23.00 price target on the stock, down from their previous price target of $27.00.
Transdigm Group (NYSE:TDG) had its buy rating reiterated by analysts at Vertical Research. The firm currently has a $316.00 price target on the stock, up from their previous price target of $280.00.
Transdigm Group (NYSE:TDG) had its market perform rating reaffirmed by analysts at Cowen and Company. The firm currently has a $290.00 target price on the stock, up from their previous target price of $219.00.
TripAdvisor (NASDAQ:TRIP) had its hold rating reissued by analysts at Stifel Nicolaus. The firm currently has a $40.00 price target on the stock, down from their previous price target of $45.00.
Triton International Limited (NASDAQ:TRTN) had its buy rating reiterated by analysts at SunTrust Banks, Inc.. The firm currently has a $40.00 target price on the stock, up from their previous target price of $35.00.
Two Harbors Investments Corp (NYSE:TWO) had its buy rating reiterated by analysts at Credit Suisse Group. The firm currently has a $10.00 target price on the stock.
Vantiv (NYSE:VNTV) had its buy rating reissued by analysts at Deutsche Bank AG. Deutsche Bank AG currently has a $72.00 price target on the stock.
Valeant Pharmaceuticals International (NYSE:VRX) (TSE:VRX) had its neutral rating reiterated by analysts at Rodman & Renshaw. Rodman & Renshaw currently has a $17.00 price target on the stock.
