Equities Research Analysts’ updated eps estimates for Saturday, June 15th:

Visa (NYSE:V) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. The firm currently has $180.00 target price on the stock. According to Zacks, “Shares of Visa have outperformed the industry in a year’s time. The company is gaining from consistent growth in payments volume, cross-border volume and processed transactions. Numerous strategic acquisitions and alliances plus technology upgrades and effective marketing have paved the way for long-term growth and a consistent increase in revenues. The acquisition of Visa Europe is a long term growth strategy for the company. Its international business has been expanding and adds diversification benefits. Visa is well-poised to gain from the growing electronic payment processing and a solid brand name. Its strong capital position facilitates business investments. Nevertheless, high client incentives and operating expenses weigh on its operating margins. Adverse foreign exchange volatility imparts instability to the company’s earnings.”

Vera Bradley (NASDAQ:VRA) had its buy rating reaffirmed by analysts at Zacks Investment Research. They currently have a $12.00 price target on the stock. According to Zacks, “Vera Bradley Designs, Inc. is a designer, producer, marketer and retailer of accessories for women. Its products include handbags, accessories and travel and leisure items. It sells its products through two reportable segments Indirect and Direct. Its indirect business consists of sale of Vera Bradley products to independent retailers in the U.S. as well as select national retailers and third party e-commerce sites. Its direct business consists of sales of Vera Bradley products through its full-price stores, its outlet stores, verabradley.com, and its annual outlet sale in Fort Wayne, Indiana. Vera Bradley Designs, Inc. is headquartered in Fort Wayne, Indiana. “

Varex Imaging (NASDAQ:VREX) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Varex Imaging Corporation is an innovator, designer and manufacturer of X-ray imaging components which include tubes, digital flat panel detectors and other image processing solutions. Its components are used in medical imaging as well as industrial and security imaging applications. The company operates primarily in North America, Europe and Asia. Varex Imaging Corporation is based in Salt Lake City, United States. “

Varonis Systems (NASDAQ:VRNS) had its sell rating reiterated by analysts at Zacks Investment Research. According to Zacks, “Varonis Systems Inc. provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Its products include DatAdvantage, DataPrivilege, IDU Classification Framework, Data Transport Engine and DatAnywhere. The company sells its products to small and medium businesses, and large multinational enterprises in financial services, consumer and retail, industrial, healthcare, and energy and utilities industries. Varonis Systems Inc. is headquartered in New York. “

Veritiv (NYSE:VRTV) had its sell rating reiterated by analysts at Zacks Investment Research. According to Zacks, “Veritiv Corporation engages in offering North American business-to-business distribution solutions. It provides packaging, print and print management, publishing, supply chain, facility and logistics solutions that span the entire lifecycle of core business operations. The company’s customers vary across a number of industries, including manufacturing, healthcare, retail and more. Veritiv Corporation is headquartered in Atlanta, Georgia. “

Versum Materials (NYSE:VSM) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Versum Materials, Inc. is an electronic materials supplier to the semiconductor industry. The company’s primary business segment consists of Materials and Delivery Systems and Services. It provides specialty process gas, cleaners and etchants, slurries, organosilanes and organometallics deposition films and equipment. Versum Materials, Inc. is headquartered in Tempe, Arizona. “

Vistra Energy (NYSE:VST) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. They currently have $28.00 target price on the stock. According to Zacks, “Vistra Energy Corp. is an energy company. It offers electricity and power generation, distribution and transmission solutions. Vistra Energy Corp. is based in Dallas, United States. “

Verastem (NASDAQ:VSTM) had its sell rating reaffirmed by analysts at Zacks Investment Research. According to Zacks, “Verastem, Inc., a clinical stage biopharmaceutical company, focuses on discovering and developing drugs to improve outcomes for patients with cancer. Its programs target the focal adhesion kinase (FAK) and the phosphoinositide 3-kinase (PI3K)/mTOR signaling pathways. Its lead FAK inhibitor is defactinib (VS-6063), an orally available candidate for combination therapy with immuno-oncology agents and other anti-cancer compounds. The company’s defactinib is in Phase 1b study for the treatment of pancreatic cancer, as well as in Phase 1/2 clinical trial for the treatment of ovarian cancer, non-small cell lung cancer, mesothelioma, and pancreatic cancer. It also engages in developing duvelisib, an investigational oral therapy that targets the PI3K signaling pathway, as well as attacks malignant B-cells and T-cells and disrupt the tumor microenvironment to help thwart their growth and proliferation for patients with lymphatic cancers through the dual inhibition of PI3K delta and gamma. “

Vuzix (NASDAQ:VUZI) had its hold rating reaffirmed by analysts at Zacks Investment Research. According to Zacks, “Vuzix is a supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company’s products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and virtual and augmented reality. “

Wendys (NASDAQ:WEN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $20.00 price target on the stock. According to Zacks, “Shares of Wendy’s have outperformed the industry in a year’s time. The company is expected to remain on its growth trajectory, after posting better-than-expected earnings in the first quarter of 2019. Earnings not only surpassed the Zacks Consensus Estimate but also increased 27.2% year over year, primarily favored by the positive effect of lower tax rate. Increase in adjusted EBITDA also boosted the reported quarter’s earnings. Revenues in the quarter grew on increased sales at company-operated restaurants. Menu innovation, increased investments in technology and reimaging of restaurants are expected to boost traffic and drive sales in the months ahead. Moreover, the company’s international business is poised to be a long-term growth driver. However, higher labor and commodity costs, along with capital spending, may dent margins.”

Wisdom Tree Investments (NASDAQ:WETF) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “INDIVIDUAL INVESTOR GROUP INC. is an information services company that publishes and markets Individual Investor magazine and Individual Investor’s Special Situations Report. In addition, the Company, through wholly owned subsidiaries, is the investment manager of private investment funds. “

WEX (NYSE:WEX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $214.00 target price on the stock. According to Zacks, “WEX continues to grow organically driven by extensive network of fuel and service providers, transaction volume growth, product excellence, marketing capabilities, sales force productivity and other strategies. It's U.S. healthcare business is progressing well. The company has been actively acquiring and investing in companies, both in the United States and internationally. Extensive partner network provides WEX with ample opportunities in the market. The stock has outperformed its industry in the past six months. Despite such positives, WEX’s businesses continue to suffer from seasonal changes which causes considerable fluctuations in revenues and makes profit forecasting difficult. Global presence exposes WEX to foreign currency exchange rate fluctuations. High debt may limit the company's expansion and worsen its risk profile.”

Weatherford International (OTCMKTS:WFTIF) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Weatherford International is one of the world’s leading providers of equipment and services used for the drilling, completion and production of oil and natural gas wells. Its operations are conducted in numerous countries and it has service and sales locations in substantially all of the oil and natural gas producing regions in the world. The company’s products and services are divided into the following four principal operating divisions: Drilling and Intervention Services; Completion Systems; Artificial Lift Systems; and Compression Services. “

Cactus (NYSE:WHD) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Cactus, Inc. designs, manufactures, sells and rents highly-engineered wellheads and pressure control equipment. Its products sold and rented principally for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers’ wells. In addition, it provides field services for all its products and rental items to assist with the installation, maintenance and handling of the wellhead and pressure control equipment. The company operates primarily in the Permian, SCOOP/STACK, Marcellus, Utica, Eagle Ford and Bakken. Cactus, Inc. is based in HOUSTON. “

Encore Wire (NASDAQ:WIRE) had its sell rating reiterated by analysts at Zacks Investment Research. According to Zacks, “Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier of both residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical distribution in commercial and industrial buildings. “

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