Seeking Alpha

Tech ratings changes: Sony, iRobot, Rackspace, Red Hat, AOL

  • Sony (SNE +0.8%) has been upgraded to Buy by Jefferies a day after announcing (along with its FQ3 results) the sale of its PC unit, and plans to spin off its TV ops.
  • iRobot (IRBT -3.2%) has been cut to Underweight by JPMorgan a day after rallying in response to a Q4 beat and mixed guidance.
  • Rackspace (RAX +2.3%) and Red Hat (RHT +2%) have been started at Outperform by Credit Suisse. Rackspace reports on Monday.
  • AOL (AOL -2.4%) has been cut to Neutral by BofA/Merrill and Macquarie following yesterday's Q4 beat.
  • Teradata (TDC -2%) has been cut to Underweight by Morgan Stanley a day after beating Q4 estimates and offering soft EPS guidance.
  • Mobile TeleSystems (MBT +1.1%) has been upgraded to Overweight, and Vimpelcom (VIP +0.5%) to Equal Weight, by Barclays. Credit Suisse upgraded MTS on Wednesday.
  • SBA (SBAC -1.1%) has been cut to Neutral by Citi. Q4 results arrive on Feb. 26.
  • 21Vianet (VNET -0.3%) has been cut to Neutral by Credit Suisse.
Comments (7)
  • Matthew Davis
    , contributor
    Comments (4356) | Send Message
     
    The Sony brand has been officially destroyed.
    7 Feb 2014, 09:52 AM Reply Like
  • jpetzl
    , contributor
    Comment (1) | Send Message
     
    why this kind of influence over JPMorgan analysis for irobot? It's been done prior to the pubblication of Q4 Results right?
    7 Feb 2014, 12:36 PM Reply Like
  • sbrncra
    , contributor
    Comments (244) | Send Message
     
    sne dumps losing segments...now up in price due to return to making money
    7 Feb 2014, 02:34 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4356) | Send Message
     
    Sony, could make money, its possible, but not by ditching the two segments it was best known for. It will have to surrender much more than this to be productive, half of their departments are losers, especially Sony Pictures.
    7 Feb 2014, 08:41 PM Reply Like
  • sbrncra
    , contributor
    Comments (244) | Send Message
     
    driving a new ford explorer with sony entertainment center, camera etc
    8 Feb 2014, 10:33 AM Reply Like
  • sbrncra
    , contributor
    Comments (244) | Send Message
     
    shareholders are liking the news, the nekkei has been a drag
    right now the trend is my friend
    there is more to be sold off
    shareholder interest is a major focus
    8 Feb 2014, 10:35 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4356) | Send Message
     
    I wouldn't be surprised if they spin off PlayStation also.
    8 Feb 2014, 10:48 AM Reply Like
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