LABOR COSTS, SUPPLY-CHAIN CHALLENGES: Argus analyst John Staszak downgraded Starbucks ($SBUX) to Hold from Buy. The analyst cited the impact of rising labor costs, supply-chain challenges, and increased competition, also noting that potentially weaker comp sales in China could be a near-term headwind given the country's continued use of lockdowns to control the pandemic. Staszak further cut his full year 2022 earnings per share view for Starbucks to $3.60 from $3.70. STRONG FINISH TO 2021: Daiwa analyst Jairam Nathan upgraded Lyft ($LYFT) to Buy from Outperform with an unchanged price target of $60 following the company's third quarter results. Improving driver supply and rider demand "call for strong finish to 2021," Nathan told investors in a research note. The analyst sees upside in the shares and models 7% growth from a fourth quarter revenue run rate and 36% incremental margins. SHARES IN 'PENALTY BOX': Citi analyst Nicholas Jones downgraded Zillow Group ($ZG) to Neutral from Buy with a price target of $86, down from $185. Following the "surprising" exit of the home buying business, Zillow will likely "be in the penalty box" as investors digest the news and being sizing its new growth opportunity, Jones told investors in a research note. The analyst's new valuation removes the homes segment. ANALYSTS DIVERGE ON QUALCOMM: Goldman Sachs analyst Rod Hall upgraded Qualcomm ($QCOM) to Buy from Neutral with a price target of $194, up from $162, on Android momentum. The company reported a "strong beat and raise quarter" and indicated above 20% earnings growth in fiscal 2022, Hall told investors in a research note. The analyst pointed out that the earnings growth indication was double his 10% forecast as Qualcomm called out expected better high-end Android momentum as well as broader based positive expectations in other business lines. Further, Hall believes that a higher end Android phone based on Snapdragon represents $60 of content plus royalties for Qualcomm versus just $30 for an Apple ($AAPL) iPhone. Not as bullish on the shares, Summit Insights analyst Kinngai Chan downgraded Qualcomm to Hold from Buy after the company's fourth quarter results. While the analyst expected the higher 5G content and market share gains at Apple and Chinese OEMs to drive Qualcomm's outperformance, he noted that most of these growth dynamics and market share gains are now priced into the stock. Chan added that Qualcomm's outperformance will moderate in 2022 as 5G growth approached mid-cycle. SELL AMC ENTERTAINMENT: Wedbush analyst Michael Pachter downgraded AMC Entertainment ($AMC) to Underperform from Neutral with an unchanged price target of $7.50. "Ultimately the majority of retail ownership will eventually cash out and move on," Pachter told investors in a research note. The analyst remains optimistic about the exhibition industry as attendance begins to rebound. Attendance in the third quarter began to meaningfully pick up once top-tier titles were released to theaters after extended delays, and the Q4 quarter-to-date box office has been "very encouraging," the analyst added. Nonetheless, he cited valuation for the downgrade of AMC. The $7.50 price target "generously" values the company at the high-end of its pre-COVID historical range of roughly 7 to 9 times enterprise value to EBITDA, Pachter argued.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. .