Tech ratings changes: Alcatel-Lucent, Fortinet, Veeva, SoFun, E-House

|By:, SA News Editor

Alcatel-Lucent (ALU +2.6%) has been upgraded to Buy by French bank Natixis.

Fortinet (FTNT +2.6%) has been upgraded to Outperform by Wells Fargo.

Veeva (VEEV +5.5%) has been upgraded to Overweight by Morgan Stanley.

SouFun (SFUN +2.7%) and Chinese online real estate peer E-House (EJ +3.5%) have been started at Buy by Brean.

AppliedMicro (AMCC +2.3%) has been started at Overweight by Evercore.