U.S. stocks took their biggest loss in almost a month on Tuesday as weak U.S. economic data and disappointing auto sales numbers drove investors to the sidelines. Among the equities in focus are action camera maker GoPro Inc (NASDAQ:GPRO), solar-panel maker SolarCity Corp (NASDAQ:SCTY), and e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA).

GoPro Inc

Oppenheimer analyst Andrew Uerkwitz weighed in on action camera maker GoPro, taking a more positive view of GoPro’s near-term outlook and raising 2016 and 2017 estimates, following recent earnings results. Shares of GoPro are down nearly 3% in late trading Tuesday.

Uerkwitz noted, “We believe GPRO’s new flagship camera launch, leaner channel inventory, and updated software platform will help the company deliver a series of “beat-and-raise” quarters into the holiday season and early 2017. While we are positive on GPRO’s near-term outlook, we believe the company has more work to do as it faces significant headwinds to return to sustained profitability. It needs to find a way to prove sustainable long-term growth beyond the action camera (drones will help but competition will limit impact). In sum, we believe the positive setting into 2H16 may present trading opportunities for the stock, but our long-term view is unchanged. and 2017 estimates.”

“We raise our FY16 and FY17 revenues/EPS estimates from $1.35B/-$1.32 and $1.45/-$1.49 to $1.42B/-$1.15 and $1.64B/-$0.67 based on more rational opex for FY17, and a more constructive view for camera sales for 2H16 and 2017,” the analyst added.

Uerkwitz reiterated a Perform rating on GoPro shares, without offering a price target.

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Andrew Uerkwitz has a yearly average return of 6.6% and a 53% success rate. Uerkwitz has a 10.6% average return when recommending GPRO, and is ranked #450 out of 4083 analysts.

Out of the 21 analysts polled by TipRanks, 6 rate GoPro stock a Buy, 13 rate the stock a Hold and 2 recommend a Sell. With a return potential of 0.8%, the stock’s consensus target price stands at $12.69.

SolarCity Corp

Following a Tesla and SolarCity joint conference call, analyst Phillip Shen of Roth Capital gave his insights on the effects of SolarCity’s recent acceptance of Tesla’s acquisition offer.

Management is expecting to see $150 million in cost synergies spread out between lower CAC, lower installation costs and lower manufacturing costs. Tesla also expects to see revenue synergies. Although details surrounding these synergies were minimal, the companies mentioned that there are many possibilities for collaboration.

Shen had many other takeaways from the conference such as the reiteration of SCTY’s cash flow breakeven target for 2016 and how the combined company “could see a modest equity raise to bolster the balance sheet at some point.” Furthermore, management expects SolarCity’s loans/cash sales to be a bigger part of its business in the future. In terms of collaboration, Tesla and SolarCity will “pursue behind the meter storage opportunities in residential as well commercial end market” in addition to Tesla instituting its manufacturing principles into SolarCity’s factory in Buffalo. Using Tesla’s manufacturing principles SolarCity is hoping to “see a half order of magnitude improvement over the next best solar cell/module manufacturer.”

SolarCity recently downgraded its annual guidance to midpoint $950 million from $1,050 million. Shen believes that this cut could worry investors that SolarCity’s short-term business may be challenged by the acquisition.

Shen maintained his Neutral rating with a $19 price target, marking a 23% decline from current levels.

As usual, we recommend taking analyst notes with a grain of salt. According to TipRanks, the analyst has a yearly average loss of 16.3% and a 26% success rate. The analyst has a 37.5% average loss when recommending SCTY, and is ranked #3,993 out of 4,083 analysts.

TipRanks shows that out of the 17 analysts who rated SCTY in the last 3 months, 24% gave a Buy rating, 65% gave a Hold rating and 11% gave a Sell rating. The average 12-month price target for the stock is $29.27, marking a 18.41% upside from current levels.

Alibaba Group Holding Ltd

With AliCloud seeking to become a real competitor in North America, Baird’s top analyst Colin Sebastian weighs in on Alibaba Group. The analyst recently attended a public sales meeting with Alibaba Cloud, which provided further details into the company’s cloud strategy, including expansion plans into North America.

Alibaba’s cloud service is currently the single largest public cloud vendor in China. The service boasts more than 2.3 million users and offers more than 70 cloud services across computing, storage, databases, analytics, networking, messaging, machine learning and mobile.

Alibaba maintains an approximate 45% market share in China and international market growth Is expected to become increasingly important, according to Sebastian. The closest international substitute to AliCloud is Amazon’s AWS. Alibaba is currently marketing their cloud as a service comparable to AWS, with superior power in Big Data/Machine learning, security, and middleware. The analyst explains, “Without evaluating those claims in this research note, we would note that AliCloud offers unique access to China, a focus on training and support, and “competitive” pricing with AWS. In the meeting, one of AliCloud’s U.S. customers indicated they switched from VMWare/Amazon to AliCloud due to better network connectivity to China and better security.”

AliCloud maintains a home court advantage in China, with governmental policy allowing for the company to take advantage of domestic leverage. The analyst explains that cloud computing is of ever-increasing importance to China and also affirms that there is room for a largely successful AliCloud. The analyst maintains that many investors undervalue AliCloud’s long-term market opportunity and potential. In his words, “While we continue to expect Amazon to remain the clear market leader, and Microsoft and Google are serious contenders, we see AliCloud as a legitimate up-and-comer, and with a relatively clear path for revenue growth and profitability. On the margin, a more aggressive AliCloud could add some pricing pressure in western markets.”

The analyst reiterates an Outperform rating for BABA with a price target of $94.00.

According to TipRanks, Colin Sebastian is ranked #7 of 4,083 analysts. He maintains a 79% success rate and realizes an average return of 18.4%. When rating BABA, the analyst upholds a 100% success rate and boasts an average return of  11.6% on his ratings.

BABA is currently ranked as a Strong Buy on TipRanks, with 91% of analysts issuing a Buy rating for the stock, and the remaining 9% maintaining a Hold rating.