A roundup of tech ratings changes


Rackspace (RAX -2.6%) has been started at Neutral by D.A. Davidson.

Take-Two (TTWO -3.8%) has been cut to Market Perform by Cowen.

Gogo (GOGO -1.9%) has been cut to Neutral by JPMorgan due to concerns about a Dec. 17 lockup expiration (67% of shares will be made available for sale).

ServiceSource (SREV +3.5%) has been upgraded to Buy by Credit Agricole.

Silicon Motion (SIMO +3.4%) has been started at Buy by BofA/Merrill.

Qiwi (QIWI +4.4%) has been started at Buy by Goldman shortly after beating Q3 estimates and upping its full-year guidance.

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Comments (2)
  • mountainview
    , contributor
    Comments (6) | Send Message
     
    Qiwi has a long way to go. this could be a double in 12-18 months. Better growth than Visa or master charge. Right business at the right time.
    22 Nov 2013, 11:38 AM Reply Like
  • mountainview
    , contributor
    Comments (6) | Send Message
     
    Qiwi , better growth prospects than Visa or Mastercard
    22 Nov 2013, 11:38 AM Reply Like
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