Major Upgrades And Downgrades In Friday's Market Action

Equity Name

Symbol

Delta In Change

Key Comments From The Note

Firm

Zebra Technologies

ZBRA

-9.41%

Potential Earnings Acceleration From Deleveraging.

Maintaining Our In-Line Rating And Lowering Our Price Target To $77 From $85

Imperial Capital

Medifast Inc

MED

-5.88%

Revenue Disappoints; Eps Beats On Lower Spending

Imperial Capital

Masonite International Corporation

DOOR

3.17%

3q14 Results Reflect Continued Leverage To Housing Recovery And Domestic Door Pricing; Maintaining Our Outperform Rating, And Raising Our Price Target From $63 To $65

Imperial

Capital

Zynga Inc.

ZNGA

0.58%

We Maintain Our Underperform Rating And Our Target Price Is Now $3.44 (vs. $3.42 Prior). Our Fy14 And Fy15 Adj. Eps Estimates Are Now $0.00 And $0.06 Respectively.

Credit Suisse

First Solar Inc.

FSLR

Although Management Lowered Its Cy14 Revenue Guidance Range Slightly, It Maintained Eps Guidance (ex-tax Benefit) Primarily Due To Strong 3q14 Gross Margin. We Maintain Our Underperform Rating And Our Estimates Trend Lower.

Bank Of America

Ubiquiti Networks

UBNT

-25.00%

Troubled Near-Term Climate Does Not Trump Ubiquiti’s Longer-Term Opportunities In Our View.

We Maintain Our Buy Rating But Lower Our Ptto $45, Reflecting A 19x P/E Multiple For Fy16.

Bank Of America

Ubiquiti Networks

UBNT

We Remain Positive On Ubnt's Thesis Of Entering Underserved Markets With Price Disruptive Products, But At 14x Fy16e Eps, We Think The Company Is Fairly Valued.

Morgan Stanley

Medivation, Inc.

MDVN

12.38%

Medivation Now Guided Its Full Year Guidance For Xtandi Us Sales To Be At The High End Or Just Above The Previous Guidance Of

$600-640 Million.

We Raise Our Tp To $118 From $105, Reflecting Increased Revenue Projections..

Soufun Holdings Ltd.

SFUN

-20.00%

We Are Fundamentally Positive

Longer Term On Sfun’s Strategy To Leverage Its Online Traffic To Engage More Closely In A Transaction (ex.

Capture Higher Commissions From Developers In Property Sales And Fees In Financial Services)

Lower Pt From $15 To $12

Brean Capital