Published On: Thu, Sep 8th, 2016

Research Analysts’ Updated EPS Estimates for September, 8th (AAP, AIMC, APA, APIC, AZN, BLUE, BMDPF, BTGGF, CASY, COH)

Research Analysts’ updated eps estimates for Thursday, September 8th:
Advance Auto Parts (NYSE:AAP) had its outperform rating reiterated by analysts at RBC Capital Markets. RBC Capital Markets currently has a $174.00 target price on the stock, down from their previous target price of $180.00.
Altra Industrial Motion Corp. (NASDAQ:AIMC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Over the long term, Altra Industrial holds solid potential for organic growth. Also, to keep costs under control and align its business operations with the current demand levels, the company has initiated certain restructuring and cost-saving strategies. Rewarding shareholders with dividends and share buybacks remain a priority for the company. In second-quarter 2016, the company's earnings of $0.42 exceeded the Zacks Consensus Estimate by 7.7% but declined 2.3% year over year. Revenues decreased 7.1% on decline in organic growth and forex losses. For 2016, the company reaffirmed its revenue and earnings guidance. However, the company is exposed to risks arising from stiff competition, high costs and weak industrial end-markets. Also, negative foreign currency movements are likely to hurt results.”

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Apache Corp. (NYSE:APA) had its hold rating reiterated by analysts at Morgan Stanley. The firm currently has a $63.00 price target on the stock.
Apache Corp. (NYSE:APA) had its target price increased by Citigroup Inc. from $53.00 to $58.00. They currently have a neutral rating on the stock.
Apigee Corp. (NASDAQ:APIC) had its buy rating reaffirmed by analysts at Nomura. Nomura currently has a $18.00 price target on the stock.
Astrazeneca PLC (NYSE:AZN) had its buy rating reiterated by analysts at Bank of America Corp.. They currently have a $41.37 price target on the stock.
Astrazeneca PLC (NYSE:AZN) had its buy rating reissued by analysts at Deutsche Bank AG.
Bluebird Bio (NASDAQ:BLUE) had its outperform rating reaffirmed by analysts at Wedbush. The firm currently has a $117.00 price target on the stock.
Banca Monte Dei (OTCMKTS:BMDPF) was upgraded by analysts at Morgan Stanley from an underweight rating to an equal weight rating.
BTG (NASDAQ:BTGGF) had its buy rating reissued by analysts at Deutsche Bank AG.
Casey’s General Stores (NASDAQ:CASY) had its hold rating reiterated by analysts at Wells Fargo & Co..
Coach (NYSE:COH) had its overweight rating reaffirmed by analysts at Piper Jaffray Cos.. They currently have a $46.00 target price on the stock.
Experian PLC (OTCMKTS:EXPGY) was upgraded by analysts at Goldman Sachs Group Inc. from a neutral rating to a buy rating.
Flowserve Corp. (NYSE:FLS) had its rating reaffirmed by analysts at Oppenheimer Holdings Inc..
Great Southern Bancorp (NASDAQ:GSBC) was downgraded by analysts at FIG Partners to a market perform rating.
Halozyme Therapeutics (NASDAQ:HALO) had its buy rating reiterated by analysts at Wells Fargo & Co..
Michael Kors Holdings (NYSE:KORS) had its overweight rating reaffirmed by analysts at Piper Jaffray Cos.. The firm currently has a $64.00 target price on the stock.
Laredo Petroleum (NYSE:LPI) had its target price boosted by KLR Group to $13.00. KLR Group currently has a hold rating on the stock.
Malibu Boats (NASDAQ:MBUU) had its buy rating reissued by analysts at Wells Fargo & Co..
Marvell Technology Group (NASDAQ:MRVL) had its neutral rating reiterated by analysts at MKM Partners.
Marvell Technology Group (NASDAQ:MRVL) had its market perform rating reissued by analysts at Oppenheimer Holdings Inc..
Pier 1 Imports (NYSE:PIR) had its buy rating reissued by analysts at Nomura. They currently have a $8.50 target price on the stock.
PVH Corp. (NYSE:PVH) had its overweight rating reissued by analysts at Piper Jaffray Cos.. The firm currently has a $124.00 price target on the stock.
Paypal Holdings (NASDAQ:PYPL) had its buy rating reissued by analysts at Jefferies Group. The firm currently has a $48.00 price target on the stock.
RSA Insurance Group plc (OTCMKTS:RSNAY) was upgraded by analysts at HSBC from a hold rating to a buy rating.
Verint Systems (NASDAQ:VRNT) had its outperform rating reissued by analysts at Oppenheimer Holdings Inc.. Oppenheimer Holdings Inc. currently has a $49.00 price target on the stock.
Westamerica Bancorp (NASDAQ:WABC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Westamerica's efforts to improve non-interest bearing deposits will support its revenue growth in the rising rate environment. Further, stable balance sheet position and healthy credit quality along with its expense management initiatives will make the company well positioned to enhance shareholders’ value. However, the company's fee revenue growth remains challenged amid a competitive business environment. Further, weakness in loan growth and the low interest rates continue to hurt net interest income. Additionally, profitability metrics have been witnessing a declining trend. “
Western Digital Corp. (NASDAQ:WDC) had its hold rating reaffirmed by analysts at Morgan Stanley. Morgan Stanley currently has a $53.00 target price on the stock.

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