Tesla's Bumpy Road Ahead, Vote of Confidence for Urban Outfitters

A cut to Tesla, a shot of confidence for Urban Outfitters, and Whole Foods gets a boost, all in Thursday's Analysts' Actions. Tesla had its estimates reduced by Credit Suisse after a surprise quarterly loss, disappointing sales and higher operating costs. Urban Outfitters was upgraded to BUY from NEUTRAL by Goldman Sachs, while its price target was increased to $43 a share. Analysts believe sales are now back on track and that margins appear to be at an inflection point. Jefferies analysts boosted their estimates at Whole Foods, but kept a HOLD rating, noting current valuation keeps them at bay.