Notable Upgrades: Select Comfort Corp. (SCSS), Eldorado Gold Corp. (EGO), Yelp, Inc. (YELP), Potash Corp. (POT), Amazon.com (AMZN)

Analystst at Stifel are out with a report this morning upgrading shares of Select Comfort Corporation (SCSS) with a ‘Buy’ from ‘Hold’ rating. SCSS shares are currently priced at 29.72x this year’s forecasted earnings, which makes them expensive compared to the industry’s 14.21x earnings multiple. Ticker has a forward P/E of 21.91 and t-12 price-to-sales ratio of 1.47. EPS for the same period is $1.02.

In the past 52 weeks, shares of the Minneapolis, Minnesota-based firm have traded between a low of $15.31 and a high of $30.55 and are now at $30.20. Shares are up 75.58% year-over-year, and 8.81% year-to-date.

Eldorado Gold Corporation (EGO) was upgraded to ‘Hold’ from ‘Sell’ at Canaccord Genuity on Tuesday. EGO’s shares have declined 1.90% in the last 4 weeks and 18.04% in the past three months. Over the past 5 trading sessions the stock has lost 23.14%. Shares of Eldorado Gold Corp are down 6.58% this year.

Yelp, Inc. (YELP) lost $0.68 to $54.73 in morning trading today. Approximately 669K shares have already changed hands, compared to the stock’s average daily volume of 2.45M shares.

The name was upgraded to ‘Outperform’ from ‘Markert Perform’ at Raymond James. In the past 52 weeks, Yelp shares have traded between a low of $49.11 and a high of $101.75 with its 50-day MA and 200-day MA located at $53.07 and $64.82 levels, respectively. YELP currently prints a one year loss of about 27%, and a year-to-date return of 1.24%.

Shares of Potash Corp. of Saskatchewan, Inc. (POT) are down 20 cents to $35.69 in morning trading, after the company had its price target raised to $36 from $34 at Miller Tabak. The firm currently has a ‘Hold’ rating on the stock.

On valuation-measures, shares of Potash Corp. have a trailing-12 and forward P/E of 22.38 and 16.91, respectively. P/E to growth ratio is 4.90, while t-12 profit margin is 22.09%. EPS registers at $1.60. The company has a market cap of $29.61B and a median Wall Street price target of $36.00 with a high target of $45.00.

POT currently prints a one year return of about 18%, and a year-to-date return of around 2.60%.

Shares of Amazon.com Inc. (AMZN) are down $5.43 to $304.23 in morning trading today after analysts at JP Morgan (JPM) issued an upgrade on the name. JPM raised the price target for AMZN shares to $323 from $307. Amazon was also downgraded with an ‘Outperform’ rating at RBC Capital Markets. Price target was cut to $410 from $420.

In the past 52 weeks, shares of Seattle, Washington-based e-commerce giant have traded between a low of $284.00 and a high of $406.25. Shares are down 20.11% year-over-year, and 0.22% year-to-date.

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