The Investment Analysts’ Updated EPS Estimates for March, 6th (ADSK, AOBC, BCR, BNP, CAT, CIEN, COO, CSII, DG, ENF)

The Investment Analysts’ Updated EPS Estimates for March, 6th (ADSK, AOBC, BCR, BNP, CAT, CIEN, COO, CSII, DG, ENF)

Investment Analysts’ updated eps estimates for Monday, March 6th:

Autodesk (NASDAQ:ADSK) had its overweight rating reiterated by analysts at Barclays PLC. They currently have a $105.00 price target on the stock.

American Outdoor Brands Corp (NASDAQ:AOBC) had its hold rating reissued by analysts at Bank of America Corp. The firm currently has a $17.00 target price on the stock, down from their previous target price of $22.00.

C R Bard (NYSE:BCR) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “C. R. Bard reported stellar fourth-quarter 2016 results, crushing the Zacks Consensus Estimate on both counts, courtesy of growth from each of its four businesses both domestically and internationally. Over the past one year, C. R. Bard has outperformed the broader industry trends with respect to price performances. The company has gained prominence in the market with an expanding product portfolio and continuing regulatory approvals. The growing adoption of Lutonix DCB is expected to drive top-line growth in the coming quarters. Meanwhile, solid performance by the company’s vascular product, oncology, surgical specialties and urology platforms are encouraging. Also, a rising estimate revision trend indicates analysts are becoming more bullish on the stock. Finally, C. R. Bard’s full year 2017 earnings guidance, which reflects a solid year-over increase between 11% and 14%, impressed us.”

Bonavista Energy Corp (TSE:BNP) was upgraded by analysts at GMP Securities from a hold rating to a buy rating.

Caterpillar (NYSE:CAT) had its neutral rating reaffirmed by analysts at Bank of America Corp. Bank of America Corp currently has a $105.00 price target on the stock.

Ciena (NYSE:CIEN) had its buy rating reiterated by analysts at Dougherty & Co. Dougherty & Co currently has a $26.00 price target on the stock.

Cooper Companies (NYSE:COO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “The Cooper Companies ended first-quarter fiscal 2017 on a mixed note wherein adjusted earnings beat the Zacks Consensus Estimate while revenues missed the same. The company witnessed an impressive show from its CooperSurgical business segment. The CooperVision segment also delivered strong sales in the quarter, buoyed by robust performance by Toric. The company is expected to maintain a leading position in the markets of speciality lenses with highly exclusive products like Bioinfinity, Clarity and silicone hydrogel lenses. The company's growing presence in the women's healthcare market through accretive acquisitions is also a positive in our view. Of the major concerns, an unfavorable foreign exchange rate, intensifying competition and volatility at distributor base might dent growth.”

Cardiovascular Systems (NASDAQ:CSII) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Cardiovascular Systems posted solid second quarter of fiscal 2017, with both earnings and sales ahead of the respective Zacks Consensus Estimate. Share price trend over the past three months that traded above the broader Medical Products Industry, also reflects this upbeat. We are also encouraged by the company’s improving operating expense scenario, driving year-over-year rise in the earnings figure. Per management, the company delivered improved results over the past four quarters, showing major progress in driving revenue growth, while moving toward positive cash flow and profitability. On the flip side, the company operates in the competitive medical device industry. Additionally, the company expects to witness net loss in the next third quarter a rise in its general and administrative expenses with growth in its business. All these indicate that there is no near term respite from the continuing operating loss structure.”

Dollar General Corp. (NYSE:DG) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Dollar General’s shares have been hit hard lately due to price deflation and the reduction in SNAP benefits that are weighing on comparable-store sales performance. Further, back-to-back lower-than-expected results also hurt investor sentiment. In the past three months, the stock has underperformed the industry. After witnessing a negative earnings surprise 0.9% in second-quarter fiscal 2016, it again missed the estimate in the third quarter by 3.3%. Moreover, this was the 13th straight quarter, when the company’s net sales have fallen short of the Zacks Consensus Estimate. However, what came as a respite was the year-over-year growth in the top line. We believe Dollar General’s commitment toward better price management, merchandise, cost containment and operational initiatives bode well. The company’s model includes earnings per share annual growth target of 10–15% and net sales increase of 7–10%.”

Enbridgeome Fund Holdings (TSE:ENF) was downgraded by analysts at BMO Capital Markets from an outperform rating to a market perform rating. BMO Capital Markets currently has C$35.00 target price on the stock, down from their previous target price of C$36.00.

Easyjet Spon (OTC:ESYJY) was upgraded by analysts at Kepler Capital Markets from a hold rating to a buy rating.

Expedia (NDAQ:EXPE) was upgraded by analysts at Macquarie from a neutral rating to an outperform rating.

GoPro (NDAQ:GPRO) was downgraded by analysts at Goldman Sachs Group Inc from a neutral rating to a sell rating.

Kroger (NYSE:KR) was downgraded by analysts at Hilliard Lyons to a buy rating.

Goldman Sachs Group Inc began coverage on shares of Laureate Education (NDAQ:LAUR). The firm issued a neutral rating and a $15.10 target price on the stock.

MeetMe (NASDAQ:MEET) had its buy rating reaffirmed by analysts at Loop Capital. The firm currently has a $9.00 price target on the stock.

Methanex (NASDAQ:MEOH) (TSE:MX) had its outperform rating reissued by analysts at Cowen and Company. The firm currently has a $60.00 target price on the stock, up from their previous target price of $57.00.

McCormick & Company, (NYSE:MKC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Estimates have largely been stable since McCormick delivered in-line earnings in the fourth quarter of fiscal 2016, though revenues lagged the Zacks Consensus Estimate. Earnings of $1.27 per share were 8% higher year over year, owing to improved operating income and cost savings. Revenues grew about 2% from the prior-year quarter, driven by acquisitions. In fact, over the past three months, the stock has outperformed the Zacks categorized industry. McCormick has been witnessing rising demand for spices, herbs and seasonings over the last few years, which is boosting its sales. Product innovation, brand marketing support and expanded distribution, as well as pricing actions also led to sales growth. McCormick is focusing on building sales through acquisitions, cost savings initiatives and expects strong sales momentum to continue in fiscal 2017. However, higher material costs and unfavorable currency remain its headwinds.”

Northland Power (TSE:NPI) was upgraded by analysts at TD Securities from a hold rating to a buy rating. TD Securities currently has C$27.00 target price on the stock, up from their previous target price of C$25.00.

Sucampo Pharmaceuticals (NASDAQ:SCMP) had its buy rating reiterated by analysts at Mizuho. They currently have a $16.00 target price on the stock.

Roth Capital began coverage on shares of Limbach Holdings (NASDAQ:TFSCU). Roth Capital issued a buy rating and a $17.50 price target on the stock.

Groupe TVA (TSE:TVA.B) was upgraded by analysts at TD Securities from a hold rating to a buy rating. TD Securities currently has C$4.75 price target on the stock, up from their previous price target of C$4.50.

Twilio (NYSE:TWLO) was upgraded by analysts at Northland Securities from a market perform rating to an outperform rating.

United Therapeutics (NDAQ:UTHR) was downgraded by analysts at Jefferies Group LLC from a hold rating to an underperform rating.

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