Investing
Goldman Sachs Switches Up Comm-Tech Coverage (CSCO, JNPR, RIMM, QCOM, ARUN, NTGR, PWAV)
Published:
Goldman Sachs has made some changes this morning in its coverage team that analyzes communications technology. For starters, the overall stance on the group has been changed down to a Neutral view from an Attractive view.
Cisco Systems (NASDAQ: CSCO) was maintained as a Buy, but it was also added to The Conviction List as its 15.9 P/E is attractive and estimates are close to a bottom. Juniper Networks (NASDAQ: JNPR) was also switched to a new analyst and given a Neutral rating, down from a Buy rating. Despite a Neutral rating, Goldman Sachs does maintain a favorable long-term view of the stock. Research-in-Motion (NASDAQ: RIMM) and Qualcomm (NASDAQ: QCOM) were given Buy rating in interim coverage.
Here were some of the other major coverage changes:
- Aruba Networks (NASDAQ: ARUN) was downgraded to Sell.
- Netgear (NASDAQ: NTGR) and Powerwave (NASDAQ: PWAV) were maintained Neutral.
- Starent (NASDAQ: STAR) was downgraded to Neutral.
Jon C. Ogg
March 27, 2008
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
