Investing

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

Douglas A. McIntyre
Published:

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

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Read more: Investing, AMCC, CTXS, MFE, OMTR, SCOR, THQI, Analyst Upgrades

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

Latest from 24/7

Will JPMorgan Chase (JPM) See Its Stock Double Under a Trump Presidency?

Can Old Dominion Freight Lines (ODFL) Double Under a Trump Presidency?

Prediction: Meta Platforms Will Be a Top 5 Stock By Market Capitalization By...

A 400% Dividend Hike: Here's How Much Investors Just Got