Intel Rating Cut Ahead of Earnings; GoPro, Urban Outfitters Up

In Tuesday's Analysts' Actions, TheStreet highlights a downgrade on Intel (INTC), while analysts issue upbeat comments on GoPro (GPRO) and Urban Outfitters (URBN). Analysts at Barclays raised their rating on GoPro to OVERWEIGHT from EQUAL WEIGHT with price target hike to $65 from $50. The firm cited the company's solid execution, new products, and strong brand. Analysts at Jefferies upgraded apparel retailer Urban Outfitters to a BUY from a HOLD rating. The firm also raised its price target to $50 from $35. Jefferies noted Urban Outfitter’s high-quality and differentiated brands and solid management. And, analysts at Bernstein cut their rating on chipmaker Intel ahead of its earnings release. The firm downgraded Intel to UNDERPERFORM from MARKET PERFORM with a price target of $25. TheStreet's Kurumi Fukushima reports in New York.