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Apple, GoPro Under Analysts' Watch After Earnings; Amazon Boosted

In Wednesday’s Analysts' Actions, Wall Street firms give their take on Apple (AAPL) and GoPro (GPRO) following their earnings, and Amazon (AMZN) receives an upgrade.

In Wednesday’s Analysts' Actions, Wall Street firms give their take on Apple (AAPL) and GoPro (GPRO) following their earnings, and Amazon (AMZN) receives an upgrade. Analysts at Cowen lowered their rating to MARKET PERFORM from OUTPERFORM with a $130 price target on Apple following the iPhone maker's June quarter results. The firm thinks Apple is entering a transition period. Analysts at Barclays raised their price target on shares of GoPro to $71 from $65, while maintaining an OVERWEIGHT rating. The firm highlighted the action camera maker's margin expansion and international growth. And analysts at JMP Securities upgraded ecommerce leader Amazon to MARKET OUTPERFORM from MARKET PERFORM with a $575 price target. Analysts at the firm pointed to accelerating growth and higher profitability in Amazon Web Services. TheStreet's Kurumi Fukushima reports in New York.

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