A roundup of tech analyst ratings changes

IBM (IBM -2.1%) has been cut to Underperform by Credit Suisse.

Audience (ADNC +5%) has been upgraded to Buy by Benchmark after tumbling response to last week's disappointing guidance.

Vocera (VCRA +8.4%) has been upgraded to Outperform by Wells Fargo in response to its Q2 beat.

Responsys (MKTG +14.2%) has been upgraded to Outperform by Credit Suisse in response to its Q2 results and strong revenue guidance.

CDW (CDW +1.6%) has been assigned 7 bullish ratings and 2 neutral ones on underwriter coverage day.

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Comments (4)
  • Momintn
    , contributor
    Comments (6086) | Send Message
    Credit Suisse does not have a good record on their ratings.
    6 Aug 2013, 11:01 AM Reply Like
  • s.khan
    , contributor
    Comments (80) | Send Message
    Hardly a day goes by without bad news about IBM. What a lousy
    investment it has become. I rue the day when I didn't sell the stock
    in March when it hit $215. With stock market hitting record after
    record, IBM is showing no gain.
    6 Aug 2013, 11:12 AM Reply Like
  • Momintn
    , contributor
    Comments (6086) | Send Message
    Warren Buffett celebrates when his stocks go down so that share buybacks go further. He is probably adding to his shares this summer.
    7 Aug 2013, 08:55 AM Reply Like
  • stoj
    , contributor
    Comments (778) | Send Message
    CS is right about IBM, concerning it's EU business, and cutting cost is the only thing IBM can do in a deflationary economy. Good thing that IBM is global, and has contracyclical qualities ( which CS does not have )
    6 Aug 2013, 04:37 PM Reply Like
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