Tech ratings changes: Orange, Fortinet, Sierra Wireless, Control4
- Orange (ORAN -1.5%) has been cut to Reduce by Kepler Capital.
- Fortinet (FTNT +2%) has been upgraded to Outperform by JMP ahead of Wednesday's Q4 report. Wedbush and Morgan Stanley upgraded shares two weeks ago.
- Sierra Wireless (SWIR -2.7%) has been cut to Hold by Salman Partners. Q4 results are due on Feb. 5.
- Control4 (CTRL +2.9%) has been started at Outperform by Imperial Capital. Shares flew higher two weeks ago following the Google/Nest deal, but have since given back a chunk of their gains.