Tech ratings change roundup: Alcatel-Lucent, Nvidia, Angie's List, ARM

|By:, SA News Editor

Alcatel-Lucent (ALU -4.6%) has been cut to Hold by Deutsche, while rival Ericsson (ERIC -0.2%) has been upgraded to Buy. However, Morgan Stanley has started Alcatel at Overweight.

Nvidia (NVDA -2.1%) has been cut to Hold by Canaccord a few days after unveiling its Tegra K1 app processors.

Angie's List (ANGI +9.1%) has been upgraded to Strong Buy by Raymond James.

Autodesk (ADSK +2.1%) has been upgraded to Overweight by Evercore.

Chipmaker STMicroelectronics (STM -1.2%) has been cut to Sell by Deutsche, and CPU core licensing giant ARM (ARMH -5.5%) has been cut to Hold.

EXFO (EXFO -8.3%) has been cut to Hold by TD Securities, and to Underperform by CIBC, after missing FQ1 estimates and providing soft FQ2 guidance.

ASML (ASML +0.9%) has been started at Buy by ING.