RAX: A roundup of tech ratings changes

A roundup of tech ratings changes • 9:49 AM

• Rackspace (RAX -2.6%) has been started at Neutral by D.A. Davidson.
• Take-Two (TTWO -3.8%) has been cut to Market Perform by Cowen.
• Gogo (GOGO -1.9%) has been cut to Neutral by JPMorgan due to concerns about a Dec. 17 lockup expiration (67% of shares will be made available for sale).
• ServiceSource (SREV +3.5%) has been upgraded to Buy by Credit Agricole.
• Silicon Motion (SIMO +3.4%) has been started at Buy by BofA/Merrill.
• Qiwi (QIWI +4.4%) has been started at Buy by Goldman shortly after beating Q3 estimates and upping its full-year guidance.

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