Morgan analyst Paul Coster upped his rating on the stock to Neutral from Underweight on a valuation basis.

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Goldman Sachs analyst Scott Goldman this morning cut his rating on Rackspace to Neutral from Buy on a valuation basis.

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Zacks Investment Research on July 11 downgraded Polycom from a buy to neutral, based on its high valuation, noting that the stock has soared 155% in a year.

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Credit Suisse is neutral on Netflix shares (due to valuation concerns and headline risk) despite what it sees as a healthy growth outlook in the Canadian market and beyond.

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However, the firm is staying on the sidelines, maintaining a neutral rating for now, based primarily on valuation and future capex concerns.

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