Seeking Alpha

A roundup of tech analyst ratings changes

Microsoft (MSFT -1.8%) has been cut to Equal Weight by Morgan Stanley in the wake of the Nokia deal.

Nokia (NOK +2.1%) has been received four more upgrades - from Raymond James, Jefferies, BofA/Merrill, and BNP Paribas - on top of the upgrades it received yesterday. Meanwhile, Argus has cut shares to Hold.

Angie's List (ANGI +3.8%) has been upgraded to Outperform by RBC.

Guidewire (GWRE -4.4%) has been cut to Sell by Citi following its FQ4 report. Though the company beat estimates, it guided on its CC for FQ1 revenue of $61.4M-$63.4M and EPS of -$0.18 to -$0.15, below a consensus of $72M and $0.03. Likewise, FY14 revenue is expected to be in a range of $328.5M-$340.5M, below a $348M consensus.

InvenSense (INVN +1.1%) has been upgraded to Outperform by Baird.

Concur (CNQR -1.1%) has been cut to Hold by Wunderlich.

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Comments (1)
  • Esekla
    , contributor
    Comments (4099) | Send Message
    The interesting part for INVN is not the steady stream of analyst upgrades. It's the product announcements today and on the 10th and the short interest. See my comments here: and on Twitter, where I go by the same name.
    4 Sep 2013, 10:23 AM Reply Like
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