A roundup of tech analyst ratings changes

Nokia (NOK +38.5%) has been upgraded to neutral ratings by Credit Suisse, Bernstein, and Oppenheimer following the Microsoft deal.

Vodafone (VOD -3%) has been upgraded to Market Perform by Bernstein, and cut to Neutral by Macquarie, in the wake of the Verizon deal.

Canadian carriers BCE (BCE +4.4%) and Telus (TU +6.8%) have been upgraded to Outperform in response to Verizon/Vodafone, and Verizon's subsequent assertion it has no plans to enter Canada.

AT&T (T +0.6%) has been upgraded to Neutral by Macquarie.

Palo Alto Networks (PANW -1.5%) has been downgraded to Market Perform by JMP.

Cvent (CVT +1.4%) has received three bullish ratings and one neutral one, and YuMe (YUME +1.5%) has received four bullish ratings, as underwriters launch post-IPO coverage.

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Comments (5)
  • Randal James
    , contributor
    Comments (4421) | Send Message
    A Bernstein upgrade?


    "You hear that, Elizabeth? I'm comin' to join you." - Redd Fox, Sanford and Son
    3 Sep 2013, 10:27 AM Reply Like
  • pagreen1966
    , contributor
    Comments (661) | Send Message
    I thought Lennie was dead!?! ;)
    3 Sep 2013, 12:30 PM Reply Like
  • asifruman
    , contributor
    Comments (72) | Send Message
    bernstein.... could you please GFYS now ???
    3 Sep 2013, 10:41 AM Reply Like
  • barcaboyvn
    , contributor
    Comments (276) | Send Message
    Bernstein even talked trash in the CC today! He was like "why does NOK need 1.5B financing", I find that pretty stupid since NOK current debt rating is very low and MSFT credit facility would have much smaller interest rate.
    3 Sep 2013, 01:38 PM Reply Like
  • jamesingram32
    , contributor
    Comments (579) | Send Message
    incredible, rather than say "sorry, we are arrogant idiots who should go out of business, and should hang our head's in shame" they have the nerve to say, it appears the microsoft board did not agree with our assessment. I'm am absolutely astounded by the brass neck of these useless bottom feeders. They've changed their position on Vodafone too. Whao. Bob Dylan "you don't need a weather man to know which way the wind blows"
    4 Sep 2013, 05:43 AM Reply Like
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