Netgear +3.7% on Goldman upgrade

• Arguing the company's valuation is now more reasonable, Goldman has upgraded Netgear (NASDAQ:NTGR) to Neutral. The firm's target is at $32.
• The Wi-Fi/Ethernet hardware vendor's shares dove last month due to the soft Q1 guidance (blamed on weak service provider demand) accompanying its Q4 beat. They've largely traded in the $30s for the last 3 years.