Akamai (AKAM) (RRC) (SNCR) (ESI) (AMCC) (LPSN) Get New Coverage

Akamai Technologies (NASDAQ: AKAM), Range Resources (NYSE: RRC), Synchronoss Technologies, Inc. (NASDAQ: SNCR), ITT Educational Services Inc (NYSE: ESI), Applied Micro Circuits Corp (NASDAQ: AMCC) and LivePerson Inc (NASDAQ: LPSN) get new analyst coverage.

Brean Murray initiated coverage on Range Resources (RRC). They placed a “Buy” rating and a price target of $72.00 on the company.

FBR Capital initiated coverage on Synchronoss Technologies, Inc. (SNCR). They placed an “Outperform” rating and a price target of $35.00 on the company.

Wunderlich initiated coverage on ITT Educational Services Inc. (ESI). They placed a “Hold” rating and a price target of $82.00 on the company.

Janney Montgomery Scott initiated coverage on LivePerson Inc. (LPSN). They placed a “Buy” rating on the company.

Janney Montgomery Scott initiated coverage on Akamai Technologies (AKAM). They placed a “Buy” rating on the company.

Wunderlich initiated coverage on Applied Micro Circuits Corp. (AMCC). They placed a “Buy” rating and a price target of $8.00 on the company.

Alliance (AIQ) (CPSI) (EE) (EGLE) (ESI) (WRC) Downgraded

Alliance HealthCare Services, Inc. (NYSE: AIQ), Computer Programs & Systems, Inc. (NASDAQ: CPSI), El Paso Electric (NYSE: EE), Eagle Bulk Shipping Inc (NASDAQ: EGLE), ITT Educational Services Inc (NYSE: ESI) and The Warnaco Group, Inc. (NYSE: WRC) downgraded by analysts.

Alliance HealthCare Services, Inc. (AIQ) was downgraded by Goldman Sachs (NYSE:GS) to a “Neutral” rating. They have a price target of $31.00 on the company.

Computer Programs & Systems, Inc. (CPSI) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating.

El Paso Electric (EE) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

Eagle Bulk Shipping Inc. (EGLE) was downgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Sell” rating.

ITT Educational Services Inc. (ESI) was downgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Sell” rating. They have a price target of $70.00 on the company.

The Warnaco Group, Inc. (WRC) was downgraded by Lazard Capital from a “Buy” rating to a “Neutral” rating.

eBay (EBAY) (EMC) (FFIV) (ESI) (ALXN) Price Targets Changed

eBay, Inc. (NASDAQ: EBAY), EMC Corp. (NYSE: EMC), F5 Networks (NASDAQ: FFIV), ITT Educational Services Inc (NYSE: ESI) and Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) had their price targets adjusted by analysts.

Alexion Pharmaceuticals (ALXN) had its price target raised by Brean Murray from $57.00 to $60.00. They have a “buy” rating on the company.

eBay, Inc. (EBAY) had its price target raised by Barclays Capital from $36.00 to $38.00. They have an “equal weight” rating on the company.

EMC Corp. (EMC) had its price target raised by Barclays Capital from $35.00 to $37.00. They have an “overweight” rating on the company.

ITT Educational Services (ESI) had its price target raised by Barclays Capital from $91.00 to $100.00. They have an “equal weight” rating on the company.

F5 Networks (NASDAQ: FFIV) had its price target lowered by Barclays Capital from $125.00 to $118.00. They have an “overweight” rating on the company.

Biggest Losers (TPC) (STRA) (ESI) (XEC) (ABVT) on May 6

Among the big, negative movers on Friday, May 6, were Tutor Perini Corp. (TPC), Strayer Education (STRA), ITT Educational Services (ESI), Cimarex Energy Co (XEC) and Abovenet Inc (ABVT).

Tutor Perini Corp. (TPC) was down $2.72, to close at $23.45, a loss of 10.39 percent.

Strayer Education (STRA) fell $2.52 on the day to close at $118.40, a loss of 2.08 percent.

Itt Educational Services (ESI) dropped $2.49 to close at $69.12, a loss of 3.48 percent.

Cimarex Energy Co (XEC) declined $2.46 to close the session at $95.30, a loss of 2.52 percent.

Abovenet Inc (ABVT) plunged $2.24 to end the day at $63.50, a loss of 3.41 percent.

ITT (ESI) (BEAV) (CBE) (KMB) (NFLX) EPS Adjusted by Goldman (GS)

Goldman Sachs (NYSE:GS) changed their EPS estimates on BE Aerospace (NASDAQ: BEAV), Cooper Industries PLC (NYSE: CBE), ITT Educational Services Inc (NYSE: ESI), Kimberly Clark Corp (NYSE: KMB) and Netflix, Inc. (NASDAQ: NFLX), with all but Kimberly Clark Corp getting upwardly revised.

Goldman Sachs (GS) raised its EPS on shares of BE Aerospace (BEAV). They have a “Buy” rating with a $48.00 price target on the company.

Goldman raised its EPS on shares of Cooper Industries PLC (CBE). They have a “Neutral” rating with a price target of $70.00 on the firm.

Goldman Sachs raised its EPS on ITT Educational Services Inc (ESI). They have a “Neutral” rating with a $83.00 price target on the stock.

It also cut its EPS estimates on Kimberly Clark Corp (KMB). They have a “Sell” rating with a price target of $64.00 on the company.

Goldman boosted its EPS on Netflix, Inc. (NFLX). They have a “Buy” rating and a price target of $300.00 on NFLX.

Educators (APOL) (STRA) (DV) (ESI) Continue to Fall

Shares of for-profit educators like Apollo Group Inc. (APOL), Strayer Education Inc. (STRA), DeVry Inc. (DV) and ITT Educational Services Inc. (ESI) continue to fall, this time on the weak revenue guidance from Apollo of $4.25 billion, down from analyst estimates of $4.55 billion.

The overall sector has been under pressure for some time, and everyone time a negative catalyst comes about it is hit hard, underscoring the fragility of the for-profit business market at this time.

Apollo was trading at $39.66, down $2.69, or 6.35 percent, as of 1:51 PM EDT. Strayer was at $126.90, falling $6.77, or 5.06 percent. DeVry was trading at $54.23, down $0.70, or 1.27 percent. ITT Educational was at $67.43, down $3.24, or 4.58 percent.

Corinthian (Nasdaq:COCO), ITT (NYSE:ESI) Added to "Short-Term Buy List" of Deutsche (NYSE:DB)

Deutsche Bank (NYSE:DB) announced they've added Corinthian Colleges (Nasdaq:COCO) and ITT Educational Services (NYSE:ESI) to their "Short-Term Buy List."

This has been a tough sector recently, with little in the way of catalysts to generate forward optimism.

Deutsche maintains a "Hold" rating on both the stocks.

Corinthian Colleges closed Wednesday at $4.36, down $0.01, or 0.23 percent. ITT Educational Services closed at $60.88, down $0.68, or 1.10 percent.

Deutsche has a price target on Corinthian of $5, and a price target on ITT of $50.