Seeking Alpha

Tech ratings changes: Yelp, Cree, Youku, Motorola Solutions, SouFun

  • Yelp (YELP +2.1%) has been upgraded to Buy by Citi.
  • Cree (CREE +2%) has been upgraded to Buy by Needham ahead of its April 22 FQ3 report.
  • Youku (YOKU +1.2%) has been upgraded to Neutral by Goldman.
  • SouFun (SFUN +5.4%) has been upgraded to Buy by Goldman.
  • Motorola Solutions (MSI -1.6%) has been cut to Neutral by Nomura a day after announcing the Zebra Technologies deal and issuing a Q1 warning.
  • Control4 (CTRL +7%) has been upgraded to Strong Buy by Raymond James. Q1 results are due on May 1.
  • Nimble Storage (NMBL +5.4%) has been upgraded to Buy by UBS.
  • J2 Global (JCOM +7.1%) has been upgraded to Buy by Sidoti.
  • Xoom (XOOM +1.4%) has been upgraded to Equal Weight by Evercore ahead of its April 22 Q1 report.
  • Bitauto (BITA +9.1%) has been started at Outperform by Credit Suisse. Rival Autohome (ATHM +9.8%) has been started at Neutral, but is also up sharply.
  • IPO underwriters have given A10 Networks (ATEN +3.7%) five bullish ratings and one neutral one.
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