- Twitter (NYSE:TWTR) has been started at Neutral by Sterne Agee. Shares -1.4% premarket after dropping 7% on Friday in the wake of neutral/bearish coverage launches. Shares still +58% from their $26 IPO price.
- Veeva Systems (NYSE:VEEV) has received four bullish ratings and two neutral ones on underwriter coverage day. Shares +0.6%.
- American Tower (NYSE:AMT) has been upgraded to Buy by Citi.
- Youku (NYSE:YOKU) has been upgraded to Buy by Brean ahead of Thursday's Q3 report. Shares +3.1%.
- BT has been upgraded to Overweight by JPMorgan after outbidding Sky for the U.K. TV rights to Champions League games.
- Netgear (NASDAQ:NTGR) has been upgraded to Sector Perform by RBC.
- Deutsche Telekom (OTCQX:DTEGY, OTCQX:DTEGF) has been cut to Sell by Goldman after striking a $729M deal to buy wireline carrier GTS Central Europe.
- Lam Research (NASDAQ:LRCX) has been cut to Neutral by Susquehanna.
- Diodes (NASDAQ:DIOD) has been cut to Outperform from Strong Buy by Raymond James ahead of tomorrow's Q3 report.