Analysts' Actions: F PBYI GME FUEL CVS

American Airlines AAL was initiated at UBS with a neutral rating. $29 price target. The company trades at a discount on earnings, but has weak free cash flow generation with capital expenditure and merger integration, said UBS.

Abbvie (ABBV) was downgraded to equal-weight from overweight at Morgan Stanley. $57 price target. This is a valuation call, Morgan Stanley said.

Cubic Corp (CUB) was upgraded to overweight from neutral at JP Morgan. $57 price target. The company was upgraded ahead of a transportation ramp up, JP Morgan said.

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CVS Caremark (CVS) price target was raised to $82 with an overweight rating at JP Morgan. There is additional upside after the analyst day conference, JP Morgan said.

Delta Air Lines (DAL) was initiated with a buy rating at UBS. $39 price target. Delta's flexible operating model has lower fixed costs, better cash generation and higher return on invested capital than peers, UBS said.

Rocket Fuel (FUEL) upgraded from buy to strong buy by Needham. The stock has pulled back 30%, but industry checks remain positive, Needham said.

Gamestop (GME) was started with a hold rating at Benchmark. $38.55 price target. The company is leveraged to new game consoles but could face increased competition in the future, said Benchmark.

Liquidity Services (LQDT) was downgraded to a hold rating at TheStreet Ratings.

Omnicom (OMC) was upgraded to buy at Goldman Sachs. $88 price target. Merger synergies should drive growth over the next several quarters, said Goldman.

Puma Biotechnology (PBYI) was downgraded to hold from buy by Stifel Nicolaus said. This is a valuation call, Stifel said.

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Polo Ralph Lauren (RL) was initiated with a buy rating at Janney Montgomery said. $200 price target. The company can continue to expand its brand and grow across the globe, Janney said.

SeaChange International (SEAC) was downgraded to a hold rating at TheStreet Ratings.

Sirius XM (SIRI) was upgraded to buy from hold at Wunderlich. $4.20 price target. The stock is attractive, following a 17% selloff, Wunderlich said..

Semtech (SMTC) was downgraded to perform from outperform at Oppenheimer.  Estimates were also cut, given the company's new guidance, Oppenheimer said.

Symantec (SYMC) was initiated with a market perform rating by BMO Capital. $24 price target. The company lacks near-term catalysts, said BMO.

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