Tech ratings changes: VMware, Yelp, Symantec, NetApp


VMware (VMW +0.7%) has been upgraded to Buy by Sterne Agee. Shares are near their 52-week high of $111.45.

Yelp (YELP +1.4%) has been upgraded to Outperform by JMP. The firm cites Yelp's local ad momentum, and the potential for better monetization of international markets (just 4% of Q4 revenue).

Symantec (SYMC +2.4%) has been upgraded to Outperform by BMO. A slew of firms downgraded shares on Friday following news of CEO Steve Bennett's firing.

NetApp (NTAP -2.8%) has been cut to Underweight by Morgan Stanley. The company announced two weeks ago it's cutting 600 jobs, while citing a weak IT spending environment.

KEYW Holding (KEYW -4.4%) has been cut to Neutral by Sterne Agee. The company held its analyst day on Friday, and disclosed on Thursday CFO John Krobath will be leaving.

Gartner (IT -1.6%) has been cut to Market Perform by Wells Fargo.

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