This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Analysts' Actions: FB AMZN GLW SPLK CIEN

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Corning (GLW - Get Report) upgraded at Oppeneheimer to Outperform from Perform, Oppenheimer said. $16 price target. Upside once macro improved.

STOCK COMMENTS / EPS CHANGES

Amazon.com (AMZN - Get Report) target raised at Lazard. Shares of AMZN now seen reaching $275, according to Lazard. Company remains leveraged to continued e-commerce growth and can generate 25% annual growth in its core business. Buy rating.

Ciena (CIEN - Get Report) estimates, target reduced at BofA/Merrill. CIEN estimates were cut through 2014, Bank of America/Merrill Lynch said. Estimates also lowered, given the company's new guidance. Buy rating and new $17 price target.

Ciena numbers cut at UBS. Shares of CIEN now seen reaching $14, UBS said. Estimates also lowered as results and outlook generally disappoint. Neutral rating.

Costco (COST) numbers raised at Jefferies. Shares of COST now seen reaching $89, Jefferies said. Estimates also raised on strong August results. Hold rating.

Esterline (ESL) estimates, target boosted at Credit Suisse. Shares of ESL now seen reaching $72, according to Credit Suisse. Estimates also upped, given the company's new guidance. Outperform rating.

Facebook (FB - Get Report) target cut at BofA/Merrill to $23. Social media stocks have performed poorly recently around share lockup expirations. Neutral rating.

Facebook estimates, target reduced at BMO. FB estimates were cut through 2014, BMO Capital said. Channel checks suggest that advertising prices are falling. Underperform rating and new $15 price target.

Splunk (SPLK - Get Report) estimates, target raised at Credit Suisse. Shares of SPLK now seen reaching $42.50, according to Credit Suisse. Estimates also increased, as the company is seeing higher demand for larger deals. Outperform rating.

Splunk numbers raised at UBS. Shares of SPLK now seen reaching $36, UBS said. Estimates also increased on strong 2Q results. Neutral rating.

Zumiez (ZUMZ) estimates, target reduced at Piper. ZUMZ estimates were cut through 2013, Piper Jaffray said. Company is seeing slower sales growth. Neutral rating and new $34 price target.

Zumiez target lowered at Jefferies. Shares of ZUMZ now seen reaching $33, Jefferies said. Cautious on the second half. Hold rating.

>To submit a news tip, email: tips@thestreet.com.

READERS ALSO LIKE:


Follow TheStreet on Twitter and become a fan on Facebook.

This article was written by a staff member of TheStreet.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AMZN $380.16 0.00%
CIEN $20.92 0.00%
FB $78.97 0.00%
GLW $24.40 0.00%
SPLK $67.25 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs