Trading Report: Today: Investment Analysts’ Updated EPS Estimates for November, 28th (ADNT, ALGN, AMBA, AMZN, BP, BT.A, CPE, DE, DLTR, DY)

Today: Investment Analysts’ Updated EPS Estimates for November, 28th (ADNT, ALGN, AMBA, AMZN, BP, BT.A, CPE, DE, DLTR, DY)

Investment Analysts’ updated eps estimates for Monday, November 28th:

Susquehanna started coverage on shares of Adient (NASDAQ:ADNT). Susquehanna issued a neutral rating and a $56.00 target price on the stock.

Align Technology (NASDAQ:ALGN) had its target price boosted by Stifel Nicolaus from $95.00 to $110.00. Stifel Nicolaus currently has a buy rating on the stock.

Ambarella (NASDAQ:AMBA) had its buy rating reiterated by analysts at Stifel Nicolaus. They currently have a $86.00 target price on the stock.

Amazon.com (NASDAQ:AMZN) had its price target trimmed by Citigroup Inc. from $965.00 to $960.00. The firm currently has a buy rating on the stock.

Amazon.com (NASDAQ:AMZN) had its buy rating reissued by analysts at Evercore ISI. The firm currently has a $990.00 target price on the stock.

BP PLC (NYSE:BP) had its neutral rating reissued by analysts at Deutsche Bank AG.

BT Group plc (LON:BT.A) had its price target cut by Jefferies Group from GBX 400 ($5.00) to GBX 385 ($4.81). Jefferies Group currently has a hold rating on the stock.

Deutsche Bank AG assumed coverage on shares of Callon Petroleum (NYSE:CPE). The firm issued a buy rating and a $19.00 price target on the stock.

Deere & Company (NYSE:DE) had its hold rating reaffirmed by analysts at Jefferies Group. The firm currently has a $95.00 price target on the stock, up from their previous price target of $85.00.

Dollar Tree (NASDAQ:DLTR) had its buy rating reissued by analysts at Buckingham Research. They currently have a $117.00 target price on the stock, up from their previous target price of $106.00.

Dycom Industries (NYSE:DY) had its outperform rating reaffirmed by analysts at FBR & Co. The firm currently has a $115.00 target price on the stock, down from their previous target price of $121.00.

Encana Corp. (NYSE:ECA) (TSE:ECA) had its accumulate rating reaffirmed by analysts at KLR Group.

Guidewire Software (NYSE:GWRE) had its hold rating reaffirmed by analysts at JMP Securities.

Hasbro (NASDAQ:HAS) had its neutral rating reaffirmed by analysts at Piper Jaffray Cos..

Hilton Worldwide Holdings (NYSE:HLT) had its hold rating reiterated by analysts at Evercore ISI.

Horizon Pharma (NASDAQ:HZNP) had its buy rating reissued by analysts at Citigroup Inc..

Rodman & Renshaw started coverage on shares of Imprimis Pharmaceuticals (NASDAQ:IMMY). They issued a buy rating and a $5.00 price target on the stock.

Citigroup Inc. initiated coverage on shares of Tyco International (NYSE:JCI). Citigroup Inc. issued a buy rating and a $54.00 target price on the stock.

Johnson & Johnson (NYSE:JNJ) had its hold rating reaffirmed by analysts at Bank of America Corp.. The firm currently has a $126.00 price target on the stock.

Juno Therapeutics (NASDAQ:JUNO) had its buy rating reiterated by analysts at Leerink Swann. Leerink Swann currently has a $34.00 price target on the stock. The analysts wrote, “We’re using a 12% discount rate which we think is appropriate as we use probability-weighted sales estimates for the products and believe the CELG (MP) collaboration, equity investment and ex-US opt-in to CD19 programs lower the risk profile relative to Juno’s peers. We assume the CAR-T market will be split among up to 5 competitors long-term, depending on the indication, including JUNO, KITE, NVS, CLLS, BLUE and others, pending further validation of respective products. Based on the complexity of the technology and manufacturing and the lack of regulatory path for generic versions of CAR-T products as a result of patient-specific manufacturing, we believe that CAR-T product sales are sustainable even after the loss of patent exclusivity.””

Kirby Corp. (NYSE:KEX) had its equal weight rating reiterated by analysts at Stephens. Stephens currently has a $68.00 price target on the stock, down from their previous price target of $70.00.

Kilroy Realty Corp. (NYSE:KRC) had its hold rating reiterated by analysts at Evercore ISI.

Luxottica Group SpA (NYSE:LUX) had its buy rating reaffirmed by analysts at Credit Suisse Group AG. The firm currently has a $50.00 target price on the stock. The analysts wrote, “We got further reassurance that the company should meet at least the bottom end of FY16 guidance of 2-3% org. growth, in line with consensus expectations. Therefore we believe Q4 will not see the series of earnings downgrades into the results, as we saw into Q2/Q3. Reassurance that the new initiatives will only be short-term headwinds. We believe the drag on sales of MAP in the US and the removal of third-party distributors in China will roll over in 2H17, once annualized. Additionally, we see these initiatives as positive signs that management is willing to put in place strategies to clean up distribution, leveraging its strong brand portfolio in the correct way. We believe this should put the company back on a mid- single-digit growth path, with top-line accelerating through FY17. New Ray-Ban mono-brand stores could be the answer for China. The company has lagged in China over the past decade but management’s focus on turning the region around over the past year may now be coming to fruition. The new strategy of Ray-Ban mono-brand concept stores appears to be gaining traction with comps growing double digit and plans to expand from less than 40 stores (Sept) to 70 by year-end.””

Marriott International (NASDAQ:MAR) had its hold rating reiterated by analysts at Evercore ISI.

Medtronic PLC (NYSE:MDT) had its buy rating reaffirmed by analysts at Evercore ISI. The firm currently has a $80.00 target price on the stock, down from their previous target price of $94.00.

Aegis initiated coverage on shares of MediWound (NASDAQ:MDWD). Aegis issued a buy rating and a $11.00 price target on the stock.

Magellan Health Services (NASDAQ:MGLN) had its market perform rating reaffirmed by analysts at Leerink Swann. The firm currently has a $78.00 target price on the stock, up from their previous target price of $60.00.

Deutsche Bank AG assumed coverage on shares of Matador Resources (NYSE:MTDR). The firm issued a hold rating and a $28.00 target price on the stock.

Matador Resources (NYSE:MTDR) had its hold rating reaffirmed by analysts at KLR Group.

MGIC Investment Corp. (NYSE:MTG) had its hold rating reiterated by analysts at Credit Suisse Group AG. They currently have a $10.00 price target on the stock. The analysts wrote, “We are increasing our 2017-18 EPS estimates to reflect our updated share repurchase outlook, and are raising our target price to $10 (from $8). We see three paths to be able to fund the buyback: 1. Cash on hand: As of 9/30, MTG had $330 million of hold co cash, of which $145 million is being held for the 2017 debt maturity and $40 million for completing the buyback as part of the 3Q debt issuance/convert repurchase. This leaves MTG with about $145 million of available cash. With no near-term debt maturities (2023 is next), and the dividend from the MI subsidiary covering interest, MTG has limited needs to hold substantial hold co cash.””

Palo Alto Networks (NYSE:PANW) had its outperform rating reissued by analysts at Wells Fargo & Co.. They currently have a $176.00 tar
get price on the stock, down from their previous target price of $187.00.

Patterson Cos. (NASDAQ:PDCO) had its hold rating reiterated by analysts at Evercore ISI. They currently have a $39.00 target price on the stock, down from their previous target price of $46.00.

Ferrari (NASDAQ:RACE) had its buy rating reissued by analysts at Berenberg Bank.

Jefferies Group began coverage on shares of RPC (NYSE:RES). They issued a buy rating and a $22.00 price target on the stock.

Regions Financial Corp. (NYSE:RF) had its hold rating reiterated by analysts at Jefferies Group.

Rosenblatt Securities initiated coverage on shares of Red Hat (NYSE:RHT). Rosenblatt Securities issued a buy rating and a $95.00 price target on the stock.

Sanofi SA (EPA:SAN) was given a €76.00 ($81.72) target price by analysts at JPMorgan Chase & Co.. The firm currently has a sell rating on the stock.

Signet Jewelers (NYSE:SIG) had its outperform rating reissued by analysts at Wells Fargo & Co.. The firm currently has a $109.00 price target on the stock, up from their previous price target of $102.50.

Sociedad Quimica y Minera de Chile SA (NYSE:SQM) had its hold rating reaffirmed by analysts at BMO Capital Markets.

Sunoco Logistics Partners L.P. (NYSE:SXL) had its hold rating reiterated by analysts at Stifel Nicolaus. The firm currently has a $24.00 target price on the stock, down from their previous target price of $29.00.

Synergy Resources Corp (NASDAQ:SYRG) had its accumulate rating reaffirmed by analysts at KLR Group.

Craig Hallum began coverage on shares of Teladoc (NYSE:TDOC). Craig Hallum issued a buy rating on the stock.

Under Armour (NYSE:UA) had its price target cut by Stifel Nicolaus from $33.00 to $28.00. The firm currently has a hold rating on the stock.

United Natural Foods (NASDAQ:UNFI) had its neutral rating reaffirmed by analysts at Northcoast Research.

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