Dreamworks Animation (DWA) was downgraded to sell from hold at Topeka Capital. $19 price target. The stock is already pricing in a solid run for the new Kung Fu Panda movie, Topeka said.
Fitbit (FIT - Get Report) was initiated with a buy rating at Citigroup. $35 price target. The company is a market leader that should benefit from a new product cycle in the second half of the year, Citigroup said.
Imperva (IMPV) was upgraded to outperform from market perform at JMP Securities. $66 price target. Earnings estimates were also increased, following positive checks, JMP said.
Medivation (MDVN) was downgraded to hold at Canaccord Genuity. $45 price target. Xtandi growth is slowing, Canaccord said.
Priceline (PCLN) was downgraded to neutral at Goldman Sachs. $1,200 price target. The company is facing increased competition and will be hurt by the stronger U.S. dollar, Goldman said.