Early Bird Technology Analyst Upgrades & Downgrades (ARUN, PMCS, RVBD, ALTR, CTRP, PMTC, SNWL, XLNX)

These are some of the key analyst upgrades and downgrades from Wall Street that we have seen so far this morning in technology stocks:

• Aruba Networks (ARUN) Raised to Neutral from Sell at Goldman Sachs.
• PMC-Sierra (PMCS) Raised to Buy at Goldman Sachs.
• Riverbed Tech (RVBD) Raised to Neutral at UBS.
• Altera (ALTR) Cut to Sell at Goldman Sachs.
• Ctrip.com (CTRP) Cut target to $45 from $62 at Goldman Sachs.
• Parametric Tech (PMTC) Cut to Neutral at Piper Jaffray.
• SonicWALL (SNWL) Cut to Neutral at Baird.
• Xilinx (XLNX) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
October 29, 2008