Equities Research Analysts’ Updated EPS Estimates for January, 12th (ADP, ADTN, AMZN, ATHN, BLDR, BPMP, CAT, CHG, CLDR, COST)

Equities Research Analysts’ updated eps estimates for Friday, January 12th:

Automatic Data Processing (NASDAQ:ADP) had its neutral rating reiterated by analysts at Citigroup Inc. Citigroup Inc currently has a $118.00 price target on the stock, up from their previous price target of $110.00.

ADTRAN (NASDAQ:ADTN) had its buy rating reissued by analysts at Needham & Company LLC. Needham & Company LLC currently has a $22.00 target price on the stock, down from their previous target price of $26.00.

Amazon.com (NASDAQ:AMZN) had its buy rating reissued by analysts at SunTrust Banks, Inc.. SunTrust Banks, Inc. currently has a $1,400.00 target price on the stock, up from their previous target price of $1,270.00.

athenahealth (NASDAQ:ATHN) had its buy rating reaffirmed by analysts at KeyCorp. KeyCorp currently has a $152.00 price target on the stock.

Builders FirstSource (NASDAQ:BLDR) had its outperform rating reissued by analysts at Wedbush. The firm currently has a $30.00 price target on the stock, up from their previous price target of $22.00.

Bank of America Corp assumed coverage on shares of BP Midstream Partners (NYSE:BPMP). They issued a neutral rating and a $22.00 price target on the stock.

Caterpillar (NYSE:CAT) had its buy rating reissued by analysts at Bank of America Corp. They currently have a $189.00 target price on the stock, up from their previous target price of $158.00.

Chemring Group (LON:CHG) had its buy rating reissued by analysts at Liberum Capital. The firm currently has a GBX 225 ($3.05) target price on the stock.

Needham & Company LLC began coverage on shares of Cloudera (NYSE:CLDR). They issued a buy rating and a $22.00 price target on the stock.

Costco Wholesale (NASDAQ:COST) had its outperform rating reiterated by analysts at Telsey Advisory Group. The firm currently has a $195.00 target price on the stock.

Cenovus Energy (NYSE:CVE) (TSE:CVE) had its hold rating reaffirmed by analysts at Desjardins.

Deutz (ETR:DEZ) had its buy rating reiterated by analysts at DZ Bank AG.

DST Systems (NYSE:DST) had its in-line rating reissued by analysts at Evercore ISI.

Noble Financial assumed coverage on shares of Eagle Bulk Shipping (NASDAQ:EGLE). Noble Financial issued a buy rating and a $6.00 price target on the stock.

Fairmount Santrol (NYSE:FMSA) had its sector perform rating reissued by analysts at Scotia Howard Weill.

Noble Financial began coverage on shares of Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK). The firm issued a buy rating and a $20.00 price target on the stock.

Alphabet (NASDAQ:GOOG) had its buy rating reissued by analysts at Morgan Stanley.

Deutsche Bank AG assumed coverage on shares of IQE (OTCMKTS:IQEPF). The firm issued a hold rating on the stock.

Johnson & Johnson (NYSE:JNJ) had its outperform rating reaffirmed by analysts at Wells Fargo & Co. Wells Fargo & Co currently has a $160.00 target price on the stock, up from their previous target price of $155.00.

Ladbrokes (OTCMKTS:LDCOY) had its neutral rating reissued by analysts at JPMorgan Chase & Co..

Oppenheimer Holdings Inc. initiated coverage on shares of Miragen Therapeutics (NASDAQ:MGEN). They issued an outperform rating and a $13.00 target price on the stock.

Melrose Industries (LON:MRO) had its buy rating reaffirmed by analysts at Liberum Capital. The firm currently has a GBX 260 ($3.53) price target on the stock.

Merus (NASDAQ:MRUS) had its outperform rating reaffirmed by analysts at Wedbush. Wedbush currently has a $32.00 price target on the stock.

Microsoft (NASDAQ:MSFT) had its outperform rating reiterated by analysts at Wells Fargo & Co. The firm currently has a $100.00 target price on the stock, up from their previous target price of $90.00.

Owens Corning (NYSE:OC) had its buy rating reaffirmed by analysts at KeyCorp. They currently have a $115.00 price target on the stock.

Oceaneering International (NYSE:OII) had its sector perform rating reaffirmed by analysts at Scotia Howard Weill.

Oceaneering International (NYSE:OII) had its underperform rating reissued by analysts at Wells Fargo & Co.

QinetiQ Group (LON:QQ) had its hold rating reiterated by analysts at Liberum Capital. Liberum Capital currently has a GBX 230 ($3.12) price target on the stock.

RPC (NYSE:RES) had its market perform rating reaffirmed by analysts at Wells Fargo & Co.

Noble Financial began coverage on shares of Scorpio Bulkers (NYSE:SALT). They issued a buy rating and a $10.00 price target on the stock.

Saratoga Investment (NYSE:SAR) had its neutral rating reaffirmed by analysts at National Securities. National Securities currently has a $24.00 target price on the stock, up from their previous target price of $23.00. The analysts wrote, “• For fiscal 3Q18, Saratoga posted adjusted NII/share of $0.54, exceeding consensus by a penny and our own estimate of $0.51. Our GAAP NII/share estimate was $0.51 versus Saratoga’s $0.50 for the quarter. Notably, PIK (payment-in-kind) income jumped to $1.0 million from $345,301 the quarter prior. This was the first full quarter of Saratoga receiving PIK from its 2nd lien debt investment in Easy Ice but this should decline next quarter as a result of realizations of other investments with PIK components.

• The company’s total reported weighted average current yield was down only 10 bps Q/Q to 11.3%, with much of the loan yield stability likely attributable to further increases in LIBOR and assisting in offsetting the spread compression. Management noted that the LMM is experiencing pricing pressure and competition as significant amounts of capital continue to chase deals. We did find it odd, however, that the structured credit book saw current yields increase 60 bps Q/Q to 19.4% despite a very challenging reinvestment environment for CLO equity.

• The current quarterly dividend of $0.49/share will likely be increased to $0.50/share for the quarter ending 2/28/18 and we expect a penny increase in both fiscal 1Q19 and 2Q19 before we expect the dividend to remain stable at $0.52/share.

• TM Restaurant Group remains the sole non-accrual for Saratoga with a total cost of $9.8 million or 2.9% of the portfolio, consistent with prior quarter levels. As a result of the continued sound asset quality at SAR, NAV/share improved on the quarter to $22.58 from $22.37.

• We are revising our fiscal 2018 adjusted NII/share estimate to $2.19 from $2.15 and our 2019 adjusted NII/share estimate to $2.16 from $2.07.”

Snap (NYSE:SNAP) had its underperform rating reaffirmed by analysts at Raymond James Financial, Inc..

Superior Energy Services (NYSE:SPN) had its sector perform rating reaffirmed by analysts at Scotia Howard Weill.

Subsea 7 (OTCMKTS:SUBCY) had its underperform rating reiterated by analysts at Macquarie.

Tudor Pickering began coverage on shares of TC Pipelines (NYSE:TCP). The firm issued a hold rating and a $58.00 target price on the stock.

Taylor Morrison Home (NYSE:TMHC) had its neutral rating reissued by analysts at Wedbush. Wedbush currently has a $27.00 target price on the stock.

TT Electronics (LON:TTG) had its buy rating reissued by analysts at Liberum Capital. They currently have a GBX 240 ($3.25) target price on the stock.

TechTarget (NASDAQ:TTGT) had its buy rating reiterated by analysts at Needham & Company LLC. The firm currently has a $17.00 target price on the stock, up from their previous target price of $14.00.

TETRA Technologies (NYSE:TTI) had its sector perform rating reissued by analysts at Scotia Howard Weill.

TUI (OTCMKTS:TUIFF) had its neutral rating reissued by analysts at JPMorgan Chase & Co..

UnitedHealth Group (NYSE:UNH) had its outperform rating reaffirmed by analysts at Evercore ISI. The firm currently has a $255.00 price target on the stock, up from their previous price target of $235.00.

Visa (NYSE:V) had its buy rating reissued by analysts at Citigroup Inc. They currently have a $136.00 target price on the stock, up from their previous target price of $124.00.

Volex (LON:VLX) had its buy rating reiterated by analysts at Liberum Capital. The firm currently has a GBX 95 ($1.29) price target on the stock.

XPO Logistics (NYSE:XPO) had its buy rating reiterated by analysts at KeyCorp. KeyCorp currently has a $110.00 target price on the stock.

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