A roundup of tech analyst ratings changes: 1) BlackBerry (BBRY) has been downgraded to...


A roundup of tech analyst ratings changes: 1) BlackBerry (BBRY) has been downgraded to Equalweight by Morgan Stanley. 2) Broadcom (BRCM) has been downgraded to Neutral by Lazard. 3) Marvell (MRVL) has been upgraded to Buy by Lazard. 4) F5 (FFIV) has been upgraded to Buy by Needham. 5) Avid (AVID) has been downgraded to Neutral by JPMorgan. 6) Solera (SLH) has been upgraded to Outperform by William Blair. BBRY -4.1%, adding to Friday's 27% drop. BRCM -0.6%. MRVL +1.4%. FFIV +2%.
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Comments (2)
  • pvshah6542
    , contributor
    Comments (84) | Send Message
     
    BBRY deserves to be at $8-9 until it sell 4 Million BB10 phones next quarter. If they do so then $18 is on the cards.
    1 Jul 2013, 09:40 AM Reply Like
  • Z10isgreat
    , contributor
    Comments (321) | Send Message
     
    The bears have made a killing from Friday's reports. Slowly the estimates eked up so that Blackberry's results would be just this side of 'expectations.' What a shell game. If it were just rank and file investors here I wouldn't be suspicious, but the giant hedge funds were NOT going to take a bath on their short positions. I agree with an earlier poster - let your Nasdaq term expire and then get off that stock exchange and end this shenanigans once and for all. Yes, BB still has a lot of work to do. I can't account for TH's comments on the earnings call, he was uncharacteristically lacking in confidence and I think he has been muzzled by large institutional hedge funds who have told him if he wants his company to have ANY chance in future he had better cooperate today.
    1 Jul 2013, 06:02 PM Reply Like
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