SAP has been upgraded to Overweight by Barclays. Shares +1.3% premarket.
Ericsson (ERIC) has been upgraded to Buy by Banco Santander. Shares +2%.
GOGO has been cut to Underweight by Morgan Stanley following a huge run-up in response to a strong Q3 report and a positive FAA ruling. Two other firms have already downgraded the in-flight Wi-Fi provider since its Q3 report. Shares -3.1%.
ARM (ARMH) has been started at Outperform by JMP.