Analysts' Actions: AMZN, MDRX, EXPE, JBLU
Allscripts(MDRX) was downgraded to Market Perform at William Blair. Company is currently in disarray.
Allscripts(MDRX) was downgraded from Overweight to Neutral at Piper Jaffray said. $11 price target. Company cut guidance and lost several executives.
MetroPCS(PCS) was downgraded from Outperform to Market Perform at Wells Fargo. Company lacks near-term catalysts.
MetroPCS(PCS) was downgraded to Hold at Canaccord Genuity. $9 price target. Company cut its guidance once again.
MetroPCS(PCS) was downgraded to Hold at Detusche Bank said. $9 price target. Company will likely lose net subscribers until the fourth quarter.
Safeway(SWY) was downgraded to Hold at TheStreet Ratings.
Silicon Laboratories(SLAB) was upgraded to Buy from Neutral at Citigroup. $43 price target. Unexpected Touch exit and CEO transition drive selloff and create attractive entry point.
Silicon Laboratories(SLAB) upgraded from Neutral to Buy at Miller Tabak. $43 price target. Stock sold off, even though the company gave solid guidance.
Seagate(STX) was downgraded to Neutral at Bank of America/Merrill Lynch. $32 price target. Estimates also cut, as industry pricing will likely become more competitive.
Seagate(STX) was downgraded from Buy to Hold at Craig-Hallum. $37 price target. Industry supply has caught up to demand.
Valero(VLO) was initiated with a Buy rating at Dahlman Rose. $33 price target. Stock can continue to move higher if the company delivers on plan.
Western Digital(WDC) was downgraded to Neutral at Bank of America/Merrill Lynch. $46 price target. The company cut its forward guidance as customers are becoming more sensitive to price.
Western Digital(WDC) was downgraded from Buy to Hold at Craig-Hallum. $37 price target. Industry supply has caught up with demand.
VCA Antech(WOOF) was upgraded to Buy at TheStreet Ratings.
Wynn Resorts(WYNN) was started with an Outperform rating, Imperial Capital said. $151 price target. Valuation call, as the company trades at a discount to its peers.
Zynga(ZNGA) was upgraded from Neutral to Overweight at JP Morgan. $14 price target. Company is seeing strong user growth and mobile is gaining traction.