A roundup of tech analyst ratings changes

Groupon (GRPN -0.2%) has been upgraded to Equal Weight by Evercore, a long-time bear.

Chipmakers Broadcom (BRCM -1.4%) and Linear (LLTC -1.4%) have been cut to Neutral by UBS. Broadcom received 7 downgrades last week following its Q2 report.

Guidance Software (GUID -17.3%) has been cut to Sell by Benchmark following its Q2 report and light 2013 guidance.

ValueClick (VCLK -16.4%) has been cut to Underperform by Raymond James, and to Hold by Needham, in response to its Q2 report and light guidance.

Citrix (CTXS +0.9%) has been upgraded to Outperform by Credit Suisse.

Cbeyond (CBEY -4.3%) has been cut to Market Perform by FBR following its Q2 report.

Automatic Data (ADP -1.2%) has been cut to Neutral by Susquehanna following its FQ4 report.

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Comments (1)
  • paulmichael
    , contributor
    Comments (149) | Send Message
    Groupon has been adapting very well under the leadership of Lefkovsky, meanwhile Mason is exploring less mundane things in life (good for him!)... new initiatives to retain customers via elite program are bringing together a host of capabilities for this leader in the discounts field. Goodwill and advertisements of late have been removing some of the shadows from last week.


    I'd like to see more in this direction, for example, what about a dozen Green Cars sponsored by Groupon and let out to commuters as shared rides (like Car2Go or Modo) - emblazon a spiffy Groupon logo in a green jacket with a low-emissions hybrid and there's more advertisements outside of the screened universe. How much more attention would be directed to the brand and its products, including the paypal-like shift to mobile wallets? OY VAY TARGET 50
    2 Aug 2013, 01:19 PM Reply Like
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