Palo Alto Networks (PANW +1.9%) has been upgraded to Outperform by Wells Fargo.
Chip equipment makers Applied Materials (AMAT -0.5%), KLA-Tencor (KLAC -1.3%), and Lam Research (LRCX -1.7%) have been cut to Sector Perform by RBC. Lam posted an FQ2 beat last week; KLA delivered an FQ2 EPS beat the week before.
Nanometrics (NANO -5%) has been cut to Sector Perform by RBC.
Sungy Mobile (GOMO +3.8%) has been started at Outperform by Oppenheimer.