A roundup of tech ratings changes


Intel (INTC +1.1%) has been upgraded to Neutral by Nomura. Citi and Drexel Hamilton upgraded shares last Friday.

Micron (MU +2%) has been upgraded to Buy by Nomura. Shares fell yesterday following an MKM report stating SK Hynix's Wuxi, China fab will be operational sooner than expected.

Xilinx (XLNX +1.7%) has been upgraded to Buy by Nomura. In addition, both Xilinx and rival Altera (ALTR +0.6%) have been started at Outperform by JMP.

iRobot (IRBT +2.2%) has been upgraded to Neutral by JPMorgan.

Synchronoss (SNCR +6.8%) has been upgraded to Strong Buy by Raymond James.

Teradata (TDC -2%) has been cut to Sector Perform by RBC. Shares are making new 52-week lows.

Texas Instruments (TXN -0.7%) and SanDisk (SNDK -2.3%) have been cut to Reduce by Nomura. TI provided an in-line mid-quarter update on Monday, while SanDisk fell in tandem with Micron yesterday.

Sigma Designs (SIGM -17.8%) has been cut to Hold by Needham after missing FQ3 estimates.

Progress Software (PRGS -7.5%) has been cut to Market Perform by JMP.

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