A roundup of tech ratings changes


Red Hat (RHT -12.3%) has been cut to neutral ratings by Piper and Pac Crest in the wake of its disappointing FQ2 billings data and mixed guidance.

Storage giants EMC (EMC -1.7%) and NetApp (NTAP -1.2%) have been cut to Equal Weight by Barclays.

F5 (FFIV -2.4%) has been cut to Neutral by Goldman.

Rovi (ROVI +2.5%) has been upgraded to Buy by B. Riley.

Microchip (MCHP +0.7%) has been upgraded to Buy by Goldman.

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