Amazon.com, Qualcomm, ATP Oil & Gas, Align, Mylan Among New Analyst Ratings Feb 1st

Amazon.com Inc.(NASDAQ:AMZN): BGC Financial lowered its estimates and price target for Amazon.com to reflect the company’s slowing revenue growth and profit decline in Q4. The firm keeps a Sell rating on the stock.

QUALCOMM Incorporated(NASDAQ:QCOM): Piper Jaffray expects Qualcomm to report better than expected results with increased guidance tonight and says the stock remains a top pick for 2012. The firm keeps an Overweight rating on the name with a $70 price target.

ATP Oil & Gas Corp.(NASDAQ:ATPG): Credit Suisse sais ATP Oil & Gas canceled its Vail Energy Conference.

Align Technology Inc.(NASDAQ:ALGN): Barrington raised its price target for Align Technology citing the company’s strong Q4 results and reiterates an Outperform rating on the stock.

Mylan, Inc.(NASDAQ:MYL): Morgan Stanley expects Mylan to reaffirm 2013 guidance and provide encouraging long-term guidance. Shares are Overweight rated.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com