Priceline.com (PCLN), MetroPCS (PCS), Disney (DIS), Polycom (PLCM), True Religion (TRLG) and FBL Financial (FFG)were upgraded or downgraded by analysts.
MetroPCS (PCS) downgraded to Neutral from Outperform at Macquarie.Macquarie downgraded MetroPCS citing lack of near-term catalysts, increasing promotional activity risk, and rising LTE challenges. Price target lowered to $11.50 from $13.
Disney (DIS) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded several names in the Media sector citing the slowdown in cable advertising and the contraction of network's total day ratings. The firm lowered its price target for Disney shares to $43 from $44.
Polycom (PLCM) downgraded to Sector Perform from Outperform at RBC Capital.RBC Capital downgraded Polycom citing lack of visibility, poor execution, and high expense structure. Price target lowered to $19 from $26.
True Religion (TRLG) upgraded to Buy from Hold at Benchmark Co..Benchmark Co. upgraded True Religion with a $32 price target citing valuation and strength of color denim.
FBL Financial (FFG) downgraded to Market Perform from Outperform at FBR Capital.FBR Capital downgraded FBL Financial citing full valuation. Price target lowered to $35 from $38
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