Equities Research Analysts’ Updated EPS Estimates for October, 5th (ABEV, CUYTY, FBNC, FNERF, GDDY, GDOT, LB, LXRX, OA, ORN)
Ambev (NYSE:ABEV) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Companhia de Bebidas das Americas (AmBev), based in São Paulo, is engaged in producing, distributing and selling beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in many countries across the Americas. It maintains an agreement with PepsiCo International, Inc. to bottle, sell and distribute Pepsi products in Brazil and in other Latin American countries, including Lipton Ice Tea, Gatorade, H2OH!, Propel and Frutzzz. AmBev conducts its operations through three business units: Latin America North, Latin America South and Canada. Latin America North includes its operations in Brazil, where it operates two divisions: beer sales and carbonated soft drinks and non-alcoholic non-carbonated sales; and its operations in its Hispanic Latin America Operations, excluding Latin America South, operations. Latin America South includes its Quinsa operations in the countries of Argentina, Bolivia, Paraguay, Uruguay and Chile. Canada, represented by Labatt, includes domestic sales in Canada. “
Colruyt Sa (NASDAQ:CUYTY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $15.00 price target on the stock. According to Zacks, “Colruyt SA engages in the retail and distribution of food and non-food products as well as fuels. Its operating segment includes Retail, Wholesale and Food Service, and Other Activities. Retail segment includes stores under the management that directly supplies retail customers and bulk consumers. Wholesale and Food Service segment supplies wholesalers, bulk customers, and affiliated independent merchants. Other Activities segment includes businesses such as filling stations, printing and document management and alternative energy. Colruyt SA is headquartered in Halle, Belgium. “
First Bancorp (NASDAQ:FBNC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $39.00 price target on the stock. According to Zacks, “First Bancorp is a one-bank holding company. The principal activity of the Company is the ownership and operation of First Bank. They also own and operate two nonbank subsidiaries, Montgomery Data Services, Inc. and First Bancorp Financial Services, Inc. “
FENNER (NASDAQ:FNERF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $5.00 target price on the stock. According to Zacks, “Fenner plc is a polymer technology company, which manufactures and distributes conveyor belting and reinforced precision polymer products. It operates through the Engineered Conveyor Solutions and Advanced Engineered Products segments. Engineered Conveyor Solutions segment manufactures rubber ply, solid woven and steel cord conveyor belting for mining, power generation and industrial applications. Advanced Engineered Products segment manufactures precision polymer products including precision drives for computer peripherals, copiers and ATMs; problem solving power transmission and motion transfer components; silicone and complex hoses; seals and sealing solutions for the fluid power and oil and gas industries; technical textiles for medical and industrial applications and silicone based products and fluropolymer components for fluid and gas handling. Fenner plc is headquartered in Hessle, the United Kingdom. “
William Blair assumed coverage on shares of GoDaddy (NYSE:GDDY). The firm issued a buy rating on the stock.
Craig Hallum began coverage on shares of Green Dot Corporation (NYSE:GDOT). The firm issued a buy rating and a $70.00 price target on the stock.
L Brands (NYSE:LB) had its buy rating reissued by analysts at Oppenheimer Holdings, Inc..
L Brands (NYSE:LB) had its buy rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
Lexicon Pharmaceuticals (NASDAQ:LXRX) had its outperform rating reissued by analysts at Wedbush.
Orbital ATK (NYSE:OA) was downgraded by analysts at Jefferies Group LLC from a buy rating to a hold rating.
Orion Group Holdings (NYSE:ORN) had its hold rating reaffirmed by analysts at Canaccord Genuity. They currently have a $7.00 price target on the stock. The analysts wrote, “We believe that ORN could warrant a Buy rating once the impact from the recent hurricanes is reflected in consensus estimates. While headwinds were likely significant for revenues and even more so for operating income, the subsequent expected pick-up in dredging activity should be meaningful and last for multiple quarters. We also believe the company’s strategy to expand its industrial work is gaining greater clarity and offers substantial longer-term opportunities for growth and margin expansion. For now, we reiterate our HOLD ahead of what are likely to be imminent estimate reductions.””
Vital Therapies (NASDAQ:VTL) was upgraded by analysts at BidaskClub from a buy rating to a strong-buy rating.
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