RAX: A roundup of tech ratings changes

A roundup of tech ratings changes • 9:43 AM

• Cree (CREE -18.4%) has been cut to Hold by Needham, and to Underweight by Stephens, after the company posted mixed FQ1 results and provided FQ2 guidance that was largely below consensus.
• Broadcom (BRCM -8.5%) has been cut to Neutral by Wedbush after providing soft Q4 guidance to go with a Q3 beat, and announcing job cuts.
• Rackspace (RAX +1.8%) has been upgraded to Outperform by Oppenheimer; Q3 results arrive on Nov. 11.
• ARM (ARMH -4.3%) has been cut to Neutral by UBS a day after posting Q3 results.
• AOL (AOL +2.7%) has been started at Buy by BofA/Merrill.
• SeaChange (SEAC +4.2%) has been started at Strong Buy by BWS Financial.

Read comments

RAX price at time of publication: $51.78. Check RAX price now »

Get Seeking Alpha notifications with our iPhone App | Android App | iPad App

Focus Articles on RAX

• Cloud Computing Services Add Up For Akamai, Not Rackspace by Mark Sutton
• Is Rackspace A Buy From Here? by Chris Lau
• Can IBM Save OpenStack? by Dana Blankenhorn

Press Releases on RAX

• Rackspace Launches Hong Kong's First Hybrid Cloud Powered By OpenStack (Business Wire)
• Rackspace to Host Conference Call for Third Quarter 2013 Results (Business Wire)
• Rackspace Announces First Ever On Demand E-learning and Multi-Course Curriculum for OpenStack Designed to Expand Worldwide Adoption of OpenStack Technology (Business Wire)

Related Articles on RAX

• The Fairy Tale Of Amazon.com by Andrei Volgin
• Cyrusone: Illusions Of Value by Paulo Santos
• Sell ExOne Because It's A Bubble, Not Because Of Market Disappointment by George Kesarios

StockTalk on RAX: RAX StockTalk | Twitter RAX | Twitter $RAX | RAX Instablogs

Recent Market Alerts on RAX: All currents | Earnings | Dividends | M&A | On the move

Transcripts on RAX

• Rackspace Hosting's Management Presents at Goldman Sachs Communacopia Conference (Transcript)
• Rackspace Hosting Management Discusses Q2 2013 Results - Earnings Call Transcript
• Rackspace Hosting Management Discusses Q2 2013 Results (Webcast) by SA Transcripts

---

Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.

Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following RAX: unsubscribe from all RAX email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on RAX

To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.

Prices in this email are BATS Last Sale quotes.

Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001