Seeking Alpha

Tech ratings changes: SAP, Mellanox, Angie's List, FireEye, Fairchild

  • SAP (SAP -1.5%) has been cut to Hold by Argus and Berenberg. The software giant posted mixed Q4 results and offered cautious guidance earlier this week.
  • Mellanox (MLNX -5.9%) has been cut to Underweight by Barclays ahead of Wednesday's Q4 report.
  • Angie's List (ANGI +0.2%) has been upgraded to Buy by B. Riley. Q4 results arrive on Feb. 12.
  • FireEye (FEYE -4.7%) has been cut to Equal Weight by Barclays following a massive run-up in the wake of the Mandiant deal.
  • Fairchild (FCS -4.6%) has been cut to Underperform by BofA/Merrill a day after delivering mixed Q4 results and forecasting a Q1 gross margin decline. Deutsche cut shares to Hold yesterday.
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