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Friday's Analysts' Upgrades and Downgrades

 

Change in Ratings

Amazon (AMZN Quote) upgraded at Piper Jaffray to market perform with a $36 price target.

Amazon was downgraded from Outperform to Underperform at Bear Stearns. Gross margin fell for a fourth-straight quarter, and the stock should struggle in 2007.

Avid Tech(AVID Quote) was downgraded from Overweight to Underweight at JPMorgan. Company delivered another disappointing quarter and will have to lower prices to try and retake market share. ...

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