Equities Research Analysts’ updated eps estimates for Thursday, September 22nd:

Applied Materials (NASDAQ:AMAT) had its buy rating reissued by analysts at Deutsche Bank AG. They currently have a $33.00 target price on the stock.

Algonquin Power & Utilities Corp (TSE:AQN) had its outperform rating reaffirmed by analysts at Raymond James Financial Inc.. Raymond James Financial Inc. currently has a C$14.50 target price on the stock.

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Alimentation Couche-Tard (TSE:ATD.B) had its target price raised by CSFB from C$55.00 to C$60.00. They currently have an underperform rating on the stock.

Alimentation Couche-Tard (TSE:ATD.B) had its buy rating reissued by analysts at Dundee Securities. The firm currently has a C$74.00 target price on the stock.

Brookfield Asset Management (TSE:BAM.A) had its top pick rating reaffirmed by analysts at RBC Capital Markets.

BlackBerry (TSE:BB) had its buy rating reissued by analysts at TD Securities. The firm currently has a C$9.00 target price on the stock.

Bombardier (TSE:BBD.B) had its outperform rating reissued by analysts at Scotiabank. They currently have a C$2.75 price target on the stock.

Biogen (NASDAQ:BIIB) had its buy rating reiterated by analysts at Bank of America Corp.. They currently have a $374.00 target price on the stock.

Canacol Energy (TSE:CNE) had its outperform rating reiterated by analysts at Scotiabank. The firm currently has a C$5.50 price target on the stock.

Centrica PLC (OTC:CPYYY) was downgraded by analysts at Jefferies Group from a buy rating to an underperform rating.

Drax Group PLC (OTC:DRXGY) was downgraded by analysts at Jefferies Group from a hold rating to an underperform rating.

Emera (TSE:EMA) had its market perform rating reaffirmed by analysts at Raymond James Financial Inc.. The firm currently has a C$51.50 target price on the stock.

Empire Company Limited (TSE:EMP.A) had its neutral rating reiterated by analysts at Dundee Securities. The firm currently has a C$20.00 target price on the stock.

Fortis (TSE:FTS) had its outperform rating reaffirmed by analysts at Raymond James Financial Inc.. Raymond James Financial Inc. currently has a C$50.00 price target on the stock.

Geodrill (TSE:GEO) had its buy rating reaffirmed by analysts at Paradigm Capital. Paradigm Capital currently has a C$4.25 price target on the stock.

Glencore PLC (OTCMKTS:GLNCY) was upgraded by analysts at Liberum Capital from a sell rating to a hold rating.

GoPro (NASDAQ:GPRO) had its neutral rating reissued by analysts at Goldman Sachs Group Inc.. Goldman Sachs Group Inc. currently has a $14.00 price target on the stock, up from their previous price target of $12.50.

Granite Oil Corp (TSE:GXO) had its price target lowered by National Bank Financial from C$9.50 to C$8.50. The firm currently has an outperform rating on the stock.

Hudson's Bay Co (TSE:HBC) had its outperform rating reaffirmed by analysts at Scotiabank. They currently have a C$26.00 target price on the stock.

H&R Block (NYSE:HRB) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “H&R Block has intensified focus on its core operations and has divested its non-core operations. The company has chalked up a capital plan to ensure enough liquidity and enhance shareholder value. It also remains focused on boosting client base and lower costs, which in turn, will drive strong free cash flows. H&R Block projects long-term EBITDA guidance between 28% and 32%. However, the divestiture of the bank unit involves certain one-time charges and also led to revenue decline and margin contraction for H&R Block. Unfavorable foreign currency translation is another headwind. With respect to its earnings performance, the tax preparer has posted negative surprise in three of the last four quarters owing to the seasonality of its tax business. However, there were no earnings momentum for fiscal 2017 over the last 30 days though for the fiscal 2018, the Zacks Consensus Estimate moved south by a couple of cents.”

Imperial Oil Limited (TSE:IMO) was upgraded by analysts at Raymond James Financial Inc. from a market perform rating to an outperform rating.

Imperial Oil Limited (TSE:IMO) had its sector perform rating reissued by analysts at Scotiabank. The firm currently has a C$45.00 price target on the stock.

Jabil Circuit (NYSE:JBL) was downgraded by analysts at Standpoint Research from a buy rating to a hold rating. Standpoint Research currently has $26.00 price target on the stock.

Loblaw Companies Limited (TSE:L) had its neutral rating reaffirmed by analysts at Dundee Securities. They currently have a C$76.00 price target on the stock.

Loblaw Companies Limited (TSE:L) had its sector perform rating reiterated by analysts at Scotiabank. Scotiabank currently has a C$77.00 target price on the stock.

Liquor Stores N.A. (TSE:LIQ) had its neutral rating reaffirmed by analysts at Dundee Securities. Dundee Securities currently has a C$11.00 target price on the stock.

MAG Silver Corp (TSE:MAG) had its hold rating reissued by analysts at TD Securities. The firm currently has a C$21.00 price target on the stock.

Matthews International Corp. (NASDAQ:MATW) had its target price boosted by Macquarie from $57.00 to $64.00. The firm currently has a neutral rating on the stock.

Metro (TSE:MRU) had its buy rating reissued by analysts at Dundee Securities. The firm currently has a C$52.00 price target on the stock.

North West Company (TSE:NWC) had its neutral rating reiterated by analysts at Dundee Securities. Dundee Securities currently has a C$28.00 price target on the stock.

Oracle Corp. (NYSE:ORCL) had its buy rating reiterated by analysts at Bank of America Corp.. The firm currently has a $48.00 target price on the stock.

Orezone Gold Corp (TSE:ORE) had its speculative buy rating reiterated by analysts at Paradigm Capital. They currently have a C$0.95 price target on the stock.

Patterson Cos. (NASDAQ:PDCO) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “The Patterson Companies reported impressive first-quarter fiscal 2017 results with strong year-over-year growth in earnings and revenues. Notably, the management reaffirmed its previously issued guidance for fiscal 2017. We remain particularly upbeat about the growth prospects of the company’s Animal Health segment. Livestock end markets had a significant contribution to the Animal Health growth in the reported quarter. We believe, the divestiture of Patterson Medical is also expected to help the company focus on its core business segments and propel better growth in the long run. However unfavorable foreign exchange rate, higher operating expenses and accelerating debt are the major concerns at present for the company.”

PepsiCo (NYSE:PEP) had its buy rating reaffirmed by analysts at Bank of America Corp.. Bank of America Corp. currently has a $120.00 target price on the stock.

Jean Coutu Group PJC (TSE:PJC.A) had its neutral rating reiterated by analysts at Dundee Securities. They currently have a C$20.00 price target on the stock.

PRA Group (NASDAQ:PRAA) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “PRA Group remains optimistic about growth given the brimming acquisition pipeline in Europe and renewed supply of non-performing loans in the U.S. It seeks to leverage its access to low cost capital, low operation costs, scale and underwriting ability in each market for growth, as well as generate long term profitability. Its strategic acquisitions and purchase of finance receivables, strong balance sheet and inorganic growth strategies remain the major positives. However, high non-cash charges and steady fall in cash collections in Americas-insolvency business raised caution for the company in recent quarters. Moreover, difficult operations in competitive accounts receivable management industry, and drop in total estimated collections per unit of purchase price ratio, with higher interest expenses remain major headwinds for PRA Group.”

Red Hat (NYSE:RHT) had its hold rating reiterated by analysts at Bank of America Corp.. They currently have a $90.00 price target on the stock.

Rockwell Medical (NASDAQ:RMTI) had its buy rating reaffirmed by analysts at BTIG Research.

Saputo (TSE:SAP) had its price target raised by Scotiabank from C$44.00 to C$52.00. They currently have an outperform rating on the stock.

Sienna Senior Living (TSE:SIA) had its price target lowered by Dundee Securities from C$18.50 to C$18.00.

TransCanada (TSE:TRP) had its target price raised by Scotiabank from C$68.00 to C$69.00. The firm currently has an outperform rating on the stock.

Viacom (NASDAQ:VIAB) had its price target cut by Macquarie from $44.00 to $35.00. They currently have a neutral rating on the stock.

Westshore Terminals Investment Corp (TSE:WTE) had its target price raised by CIBC from C$20.00 to C$23.00.

Westshore Terminals Investment Corp (TSE:WTE) was upgraded by analysts at TD Securities from a hold rating to a buy rating. TD Securities currently has C$26.00 price target on the stock, up from their previous price target of C$17.50.

Tmx Group Limited (TSE:X) was upgraded by analysts at TD Securities from a hold rating to a buy rating. TD Securities currently has C$69.00 target price on the stock, up from their previous target price of C$65.00.

Sleep Country Canada Holdings (TSE:ZZZ) had its outperform rating reissued by analysts at Scotiabank. Scotiabank currently has a C$35.00 price target on the stock.

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