Seeking Alpha

A roundup of tech analyst ratings changes

  • Cree (CREE -20.3%) has been cut to Neutral by Northland, Susquehanna, and D.A. Davidson following its FQ4 revenue miss and soft FQ1 guidance.
  • Millennial Media (MM -15.8%) has been cut to Neutral by Canaccord and Northland after posting a Q2 revenue miss, announcing it's buying rival Jumptap, and providing pro forma full-year guidance for the two companies.
  • Sina (SINA +1%) has received a two-notch upgrade to Buy from Citi in response to Monday's Q2 beat and strong Q3 guidance.
  • UMC (UMC -1%) has been cut to Sell by Goldman.
  • Cincinnati Bell (CBB +1.6%) has been upgraded to Neutral by BofA.
  • Proofpoint (PFPT +1.3%) has been started at Outperform by Imperial Capital.
Comments (1)
  • YFRE
    , contributor
    Comments (2) | Send Message
    Not afraid for MM...Mr. Palmieri at the helm is all MM needs to succeed!
    14 Aug 2013, 11:19 AM Reply Like
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