'PERIOD OF TRANSITION': JPMorgan analyst Doug Anmuth downgraded Pinterest ($PINS) to Neutral from Overweight with a price target of $68, down from $95. The company delivered solid revenue growth amid high expectations for Q2, but the magnitude of the monthly active user miss, "disappointing" Q3 outlook and uncertainty around the shift to more of a creator platform are likely to keep pressure on shares in the near-term, Anmuth tells investors in a research note. The analyst moves the sidelines during Pinterest's "period of transition."Also, Evercore ISI analyst Mark Mahaney downgraded Pinterest to In Line from Outperform with a price target of $60, down from $98, after the company's global monthly active users, or MAUs, declined quarter-over-quarter "at the steepest rate we have seen" in Q2. While this is likely a temporary negative inflection, "it is a negative inflection," and there is now "something of an open question" as to whether Pinterest is seeing maturation risk in its lead U.S. market, Mahaney said.TURNAROUND PROGRESS: Cowen analyst Paul Silverstein upgraded Nokia ($NOK) to Outperform from Market Perform with a price target of $8, up from $5. The demand environment continues to be very favorable and Nokia is improving its execution, said Silverstein, who believes that the company's "turnaround is solidly in progress." He has raised his operating forecasts consistent with Nokia's increased guidance, but Silverstein adds that he thinks the company's calendar 2021 and 2023 operating targets "likely will prove conservative."MONDELEZ DOWNGRADED TO BUY: Goldman Sachs analyst Jason English removed Mondelez ($MDLZ) from the firm's Conviction List but reiterates a Buy rating on the shares with a price target of $71, up from $70. The analyst believes industry-wide cost pressures compounded with risk of weaker volumes and higher promotions is likely to weigh on the food group later this year. However, English believes Mondelez remains well positioned to outperform peers following its Q2 results.'BUY THE DIP': After Amazon ($AMZN) reported Q2 revenue and operating profit below estimates and guided to Q3 revenue and operating profit below his and consensus forecasts, Stifel analyst Scott Devitt said that the shortfall was primarily concentrated in online stores, which he noted is the company's "lowest multiple business line." Amazon is through the difficult transition period where it faced the most challenging prior year comps and he believes the setup is attractive now that the shares are "on the other side of the COVID comp reset," said Devitt, who advises investors "buy the dip." He keeps a Buy rating and $4,400 price target on Amazon shares.Analysts at Credit Suisse, BMO Capital, Truist, Raymond James, Oppenheimer, Morgan Stanley, Piper Sandler and more lowered their respective price targets on Amazon following the Q2 report.COINBASE PRICE TARGET LOWERED: Mizuho analyst Dan Dolev lowered the firm's price target on Coinbase ($COIN) to $210 from $225 and keeps a Neutral rating on the shares. The analyst says that despite the "mini" bitcoin rally to $40,000 earlier this week, his analysis of actual July volumes shows that activity "remains subdued thus far" in Q3. As such, he believes consensus expectations for Coinbase's Q3 may be 20%-25% too high.Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. .