Research Analysts’ Updated EPS Estimates for October, 21st (ALSMY, AMZN, ARCO, AZO, BMI, CHU, CNTY, COLM, CVGI, DANOY)

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Research Analysts’ updated eps estimates for Monday, October 21st:

ALSTOM/ADR (OTCMKTS:ALSMY) was downgraded by analysts at Kepler Capital Markets from a buy rating to a hold rating.

Amazon.com (NASDAQ:AMZN) had its buy rating reiterated by analysts at Bank of America Corp.

Arcos Dorados (NYSE:ARCO) was upgraded by analysts at Bank of America Corp from an underperform rating to a buy rating.

AutoZone (NYSE:AZO) had its buy rating reaffirmed by analysts at Citigroup Inc.

Badger Meter (NYSE:BMI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $63.00 price target on the stock. According to Zacks, “Badger Meter’s products are known for accuracy, durability and for providing valuable and timely measurement data. It is poised to gain from strong order rates for innovative water solutions, including newly launched E-Series Ultrasonic meters and ORION Cellular LTE-M radios. The company is continuously prioritizing and enhancing its presence in select regional markets outside the United States that offer healthy growth potential. However, Badger Meter expects to face order headwinds from the Middle East while lack of visibility for concrete future orders is likely to affect revenues. High R&D expenses for technology driven products are also expected to strain the bottom line. It is currently witnessing a declining revenue trend as customers are deferring orders, awaiting next-generation large static meters and LTE-M radio products.”

China Unicom (Hong Kong) (NYSE:CHU) was downgraded by analysts at Credit Suisse Group AG from an outperform rating to a neutral rating.

Century Casinos (NASDAQ:CNTY) was upgraded by analysts at Union Gaming Research from a hold rating to a buy rating.

Columbia Sportswear (NASDAQ:COLM) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. They currently have $106.00 target price on the stock. According to Zacks, “Shares of Columbia Sportswear have increased and outpaced the industry in the past year, buoyed by its impressive performance that continued in second-quarter 2019 as well. Notably, both the top line and the bottom line grew year over year and came ahead of the Zacks Consensus Estimate. Better-than-expected results prompted management to lift 2019 view. We note that sales were backed by solid growth in the Columbia, Mountain Hardwear and Sorel brands. Further, direct-to-consumer and wholesale businesses also remained strong. The company’s solid international presence and Project CONNECT program are also aiding performance. While these tailwinds raise optimism, we simply cannot ignore headwinds related to SG&A expenses and adverse currency fluctuations. Also, stiff competition and tariff impacts remain a worry.”

Commercial Vehicle Group (NASDAQ:CVGI) had its buy rating reiterated by analysts at Barrington Research. They currently have a $8.50 target price on the stock.

Danone (OTCMKTS:DANOY) was downgraded by analysts at Kepler Capital Markets from a buy rating to a hold rating.

Consolidated Edison (NYSE:ED) was upgraded by analysts at Evercore ISI from an underperform rating to an in-line rating.

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) had its buy rating reissued by analysts at CIBC. They currently have a $14.00 price target on the stock.

HEXO (NASDAQ:HEXO) had its hold rating reissued by analysts at CIBC. CIBC currently has a $4.00 target price on the stock.

Hummingbird Resources (LON:HUM) had its buy rating reaffirmed by analysts at Canaccord Genuity. Canaccord Genuity currently has a GBX 47 ($0.61) price target on the stock.

LYFT (NASDAQ:LYFT) was upgraded by analysts at Wolfe Research from an underperform rating to a market perform rating.

Ormat Technologies (NYSE:ORA) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $80.00 price target on the stock. According to Zacks, “Ormat Technologies is lately witnessing increased growth opportunities in nations like New Zealand, Chile, Kenya, Honduras, China, Ethiopia and Philippines. With increased global adoption of geothermal energy, it looks to take advantage of this opportunity to expand in the global geothermal energy market. Such expanding overseas footprint may have aided the company to outperform the industry in the past year. However, a volcanic eruption close to Ormat Technologies’ Hawaii-based Puna geothermal power plant has resulted in the shutdown due to the ongoing restoration operations. Any significant damage to the geothermal resource or a continued shutdown may have an adverse impact on the power plant's electricity generation, which may hurt operations.”

Petropavlovsk (LON:POG) had its buy rating reaffirmed by analysts at Canaccord Genuity. Canaccord Genuity currently has a GBX 16 ($0.21) target price on the stock.

Pearson (NYSE:PSO) was upgraded by analysts at Deutsche Bank AG from a sell rating to a hold rating.

istar (NYSE:STAR) had its outperform rating reissued by analysts at Barrington Research. Barrington Research currently has a $175.00 price target on the stock, down from their previous price target of $210.00.

Tokai Carbon (OTCMKTS:TKCBY) was downgraded by analysts at Goldman Sachs Group Inc from a buy rating to a neutral rating.

Northland Securities assumed coverage on shares of TPG Pace (NASDAQ:TPGH). Northland Securities issued an outperform rating on the stock.

Citigroup Inc started coverage on shares of VOLVO AB/ADR (OTCMKTS:VLVLY). They issued a buy rating on the stock.

W&T Offshore (NYSE:WTI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $5.25 price target on the stock. According to Zacks, “The prolific oil and gas offshore fields in the Gulf of Mexico (GoM) shelf have been primarily boosting W&T Offshore’s production since its inception. The company is growing its presence in deep-water GoM fields, wherein production has increased more than 500% and proved reserves have surged nearly 900% over the past eight years. Although total production in the June quarter declined year over year, volumes were within the company’s guided range. However, balance sheet weakness is a cause of concern, which can limit W&T Offshore’s financial flexibility. Moreover, the company expects lease operating expenses through 2019 in the range of $153-$169 million, indicating an increase from $153.3 million in 2018. This will likely eat into its bottom line in the coming quarters. As such, the stock warrants a cautious stance.”

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