Equities Research Analysts’ updated eps estimates for Thursday, October 5th:

Ameriprise Financial Services (NYSE:AMP) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $167.00 price target on the stock. According to Zacks, “Shares of Ameriprise have outperformed the industry in the last three months. The performance was supported by the company’s impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. The company remains well positioned to grow through strategic acquisitions, given its strong liquidity position. In sync with its plans of expanding products and services, the company acquired Investment Professionals, Inc. in July. Further, the company’s discipline in financial planning and strengths in product development will continue supporting top line growth. However, increasing expenses and elevated levels of outflows in the Asset Management segment are expected to hurt the company’s financials in the near term.”

CIBC initiated coverage on shares of Angie’s List (NASDAQ:ANGI). The firm issued an outperform rating and a $14.00 price target on the stock.

Aramark (NYSE:ARMK) had its buy rating reiterated by analysts at Royal Bank Of Canada.

Barclays PLC (NYSE:BCS) was downgraded by analysts at BNP Paribas from an outperform rating to a neutral rating.

Biogen (NASDAQ:BIIB) had its hold rating reissued by analysts at Royal Bank Of Canada. They currently have a $315.00 target price on the stock.

Bank of America Corporation assumed coverage on shares of Black Knight Financial Services (NYSE:BKI). Bank of America Corporation issued a buy rating and a $47.00 target price on the stock.

Beazley Plc (NASDAQ:BZLYF) was downgraded by analysts at Numis Securities Ltd from an add rating to a hold rating.

Catabasis Pharmaceuticals (NASDAQ:CATB) had its outperform rating reaffirmed by analysts at CIBC. They currently have a $7.00 price target on the stock, up from their previous price target of $4.00.

Celgene Corporation (NASDAQ:CELG) had its buy rating reiterated by analysts at Royal Bank Of Canada. They currently have a $173.00 price target on the stock.

Dana (NYSE:DAN) had its buy rating reaffirmed by analysts at Royal Bank Of Canada. They currently have a $27.00 target price on the stock.

EDF (NASDAQ:ECIFY) was upgraded by analysts at Jefferies Group LLC from a hold rating to a buy rating.

Envestnet (NYSE:ENV) had its hold rating reissued by analysts at Royal Bank Of Canada. The firm currently has a $48.00 target price on the stock.

CIBC assumed coverage on shares of Gilead Sciences (NASDAQ:GILD). They issued a market perform rating on the stock.

Givaudan Sa (NASDAQ:GVDNY) had its buy rating reaffirmed by analysts at Baader Bank.

IBERIABANK Corporation (NASDAQ:IBKC) had its overweight rating reaffirmed by analysts at Piper Jaffray Companies. The firm currently has a $89.00 target price on the stock.

Intercontinental Exchange (NYSE:ICE) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Shares of Intercontinental Exchange have outerperformed the industry in a year’s time. Successful integration of acquisitions, achievement of cost synergies and reduced debt level well poise Intercontinental Exchange for long term growth. Also, continued strength in its energy franchise, increasing recurring market data revenues and ongoing initiatives should keep growth on track. For 2017, management expects data services revenues to increase at least 6% in constant currency.However, the company saw its 2017 and 2018 estimates moving south over the last 60 days. Foreign currency fluctuations and stricter regulations raise concerns. Also, the company estimates third-quarter expenses in the range of $480–$490 million with interest expense to be $47 million in the third quarter and $49 million for fourth- quarter 2017, respectively.”

JEAN COUTU GROUP CLASS'A'SUB-VTG (OTCMKTS:JCOUF) was upgraded by analysts at Desjardins from a sell rating to a hold rating.

Nordstrom (NYSE:JWN) had its hold rating reiterated by analysts at Royal Bank Of Canada. They currently have a $45.00 target price on the stock.

CarMax (NYSE:KMX) had its market perform rating reiterated by analysts at CIBC.

Capital One Financial Corporation assumed coverage on shares of Lilis Energy (NASDAQ:LLEX). Capital One Financial Corporation issued an overweight rating and a $7.00 price target on the stock.

ArcelorMittal (NYSE:MT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Falling iron ore prices due to concerns over Chinese demand and lower steel prices pose headwinds for the company. Lower expected steel demand in the United States and Brazil is another concern. ArcelorMittal also continues to contend with challenging steel market conditions in Europe. Moreover, cheap steel exports from China is still causing a problem.”

NeoPhotonics Corporation (NYSE:NPTN) was downgraded by analysts at UBS AG from an outperform rating to a market perform rating.

Royal Bank Scotland PLC (The) (NYSE:RBS) was upgraded by analysts at BNP Paribas from a neutral rating to an outperform rating.

Ralph Lauren Corporation (NYSE:RL) had its hold rating reissued by analysts at Royal Bank Of Canada. The firm currently has a $88.00 target price on the stock.

Starbucks Corporation (NASDAQ:SBUX) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Starbucks’s operating fundamentals such as solid global retail footprint, successful innovations, best-in-class loyalty program and digital offerings remain strong. Again, digital initiatives like mobile order/pay, delivery services and third-party loyalty partnerships can stimulate stronger sales trends in the Americas. CPG growth across the world as well as China/Asia expansion will also lead to value creation. These initiatives might benefit the company in the long run. However, the consequential increment in spending is likely to create pressure on its bottom line in the near term. Also, economic, geopolitical and consumer headwinds continue to impact Starbucks' results. Meanwhile, the company’s shares have underperformed the industry so far this year.”

Simmons First National Corporation (NASDAQ:SFNC) had its neutral rating reissued by analysts at Piper Jaffray Companies. They currently have a $60.00 price target on the stock.

Signet Jewelers Limited (NYSE:SIG) had its buy rating reaffirmed by analysts at Royal Bank Of Canada. Royal Bank Of Canada currently has a $66.00 price target on the stock.

Six Flags Entertainment Corporation New (NYSE:SIX) had its long-term buy rating reaffirmed by analysts at Hilliard Lyons.

South32 (OTC:SOUHY) was downgraded by analysts at UBS AG from a buy rating to a neutral rating.

SRC Energy (NASDAQ:SRCI) had its buy rating reissued by analysts at Royal Bank Of Canada. They currently have a $13.00 price target on the stock.

United Rentals (NYSE:URI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $160.00 target price on the stock. According to Zacks, “United Rentals is the largest equipment rental company in the world with strong brand recognition. The company’s main strategy is to improve profitability of its core equipment rental business through revenue growth, margin expansion and operational efficiencies. It is also focused on expanding its geographic borders and product portfolio through acquisitions and joint ventures. Also, United Rentals’ shares gained 69.1% in the past year, outperforming the industry it belongs to. The addition of NES Rentals is expected to significantly boost growth, driving the stock’s performance in the upcoming quarters as well.”

Waste Connections (NYSE:WCN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $79.00 price target on the stock. According to Zacks, “Waste Connections has outperformed the industry year to date. With prime location of disposal sites within competitive markets, Waste Connections has optimal asset positioning to generate higher profitability. The merger of Waste Connections with Progressive Waste Solutions has arguably created an industry leader with enhanced scale and a stronger financial profile. The combined entity is expected to generate approximately $50 million in annualized SG&A cost savings within the first 12 months after closing. An experienced management team and a decentralized operating strategy remain additional tailwinds. A vertically integrated services portfolio offers a competitive advantage. Waste Connections also aims to leverage its franchise-based platforms to expand customer base beyond the exclusive market territories. However, stringent health and safety laws, seasonal factors and stiff competition remain headwinds.”

Winnebago Industries (NYSE:WGO) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. They currently have $53.00 target price on the stock. According to Zacks, “In the last three months, Winnebago’s shares outperformed the industry it belongs to. The company has been focusing to increase its production of Class A gas and Class C motorhomes by building new facilities, which will lead to a rise in product demand, in future. The company’ shares repurchase programs and frequent dividend payments will boost its shareholders’ value. Also, the acquisition of Grand Design will help it to diversify its product portfolio and enhance its presence in the towable business. However, the company is facing challenges due to sales decline of the Motorized segment. Also, under the signed repurchase agreements, the company will buy back its default products from the dealers, which will lead to an increase in capital expenditure.”

Waste Management (NYSE:WM) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Waste Management has underperformed the industry year to date. The pricing environment remains challenging and highly competitive due to aggressive bidding by smaller competitors. Moreover, Waste Management expects volumes to be down due to lower national counts as it strives for improved margin growth and pricing. In addition, continued decline in average recycling commodity prices and recycling volumes remain headwinds. Stringent government regulations are likely to erode profitability as compliance with such regulations increases the operating costs for the company. Time consuming permits and approvals to operate a landfill or any other waste management facility are often difficult to obtain and further act as deterrents. However, Waste Management aims to improve customer retention through better service and high value solutions, while extending its geographic footprint through opportunistic acquisitions.”

DENTSPLY SIRONA (NASDAQ:XRAY) was downgraded by analysts at Cleveland Research from a buy rating to a neutral rating.

Receive News & Ratings for Ameriprise Financial Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameriprise Financial Services Inc and related companies with MarketBeat.com's FREE daily email newsletter.