Investing

Key Tech Upgrades & Downgrades (AMCC, CTXS, SCOR, EBAY, FFIV, GRMN, LSI, MFE, MCHP, OMTR, SONS, SYMC, THQI, WDC)

Below are some of the key upgrades and downgrades from Wall Street analysts seen in the technology sectors this morning:

  • Applied Micro (AMCC) raised estimates at Goldman Sachs.
  • Citrix Systems (CTXS) raised estimates at Goldman Sachs.
  • comScore (SCOR) started as Outperform at Oppenheimer.
  • eBay (EBAY) downgraded to Hold from Buy at Citigroup (thanks for that timely call Citi, they might get the most useless call of the week); maintained buy but target lowered to $38 at Goldman Sachs.
  • F5 Networks (FFIV) raised to Outperform at Baird.
  • Garmin (GRMN) raised to Outperform at Oppenheimer.
  • LSI (LSI) raised estimates at Goldman Sachs.
  • McAfee (MFE) raised to Buy at Citigroup; raised to Outperform at Bear Stearns.
  • Microchip Tech (MCHP) raised to Outperform at Morgan Keegan.
  • Omniture (OMTR) started as Outperform at Oppenheimer.
  • Sonus Networks (SONS) raised to Buy at Cantor Fitzgerald.
  • Symantec (SYMC) raised estimates at Goldman Sachs.
  • THQ Inc. (THQI) downgraded to Sell at Broadpoint.
  • Western Digital (WDC) raised to Buy at Deutsche Bank; estimates raised at Goldman Sachs.

Jon C. Ogg
January 24, 2008

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.