Tech ratings change roundup: LinkedIn, Workday, Glu Mobile, IGT


LinkedIn (LNKD -1.5%) has been cut to Neutral by BofA/Merrill. Other sell-side firms have aired cautious notes in recent weeks.

Workday (WDAY +2.9%) has been upgraded to Buy by UBS.

Glu Mobile (GLUU +4.1%) has been upgraded to Buy by Craig-Hallum.

IGT (IGT -0.8%) has been cut to Hold by Argus.

STMicroelectronics (STM -2.7%) has been cut to Underweight by Barclays.

8x8 (EGHT +2.2%) has been started at Buy by Needham.

Nimble Storage (NMBL +1%) has received three bullish ratings and three neutral ones on underwriter coverage day.

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Comments (1)
  • Zeus2012
    , contributor
    Comments (714) | Send Message
     
    Now may be the time to short $LNKD via put spreads. Looks like the momentum is turning.
    7 Jan 2014, 09:58 AM Reply Like
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