- In a coverage launch for Internet stocks, Barclays has started Zillow (Z), YELP, and Shutterfly (SFLY) at Overweight, Zynga (ZNGA), OpenTable (OPEN), HomeAway (AWAY,), and InterActiveCorp (IACI) at Equal Weight, and Vistaprint (VPRT) at Underweight. Z +1%. YELP +4.1% to new post-IPO highs. Deutsche started coverage on Yelp at Buy after the close yesterday.
- Canaccord has started Splunk (SPLK), Datawatch (DWCH), and ServiceNow (NOW) at Buy.
- EZchip (EZCH) has been upgraded to Buy by Chardan Capital.
- VeriFone (PAY) has been upgraded to Outperform by Wedbush following its FQ3 beat and solid FQ4 guidance. PAY +7.3%.
- T-Mobile USA (TMUS) has been upgraded to Outperform by William Blair. TMUS +0.9%.
- InterXion (INXN) has been cut to Market Perform by Oppenheimer.
A roundup of tech analyst ratings changes
Sep 6 2013, 09:23 ET