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

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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