Analysts Downgrade These Tech Shares Last Week

Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Technology sector for the week ending November 4th, 2011.

  • SanDisk (NASDAQ:SNDK): Sterne Agee downgraded its rating on this company from Buy to Neutral and changed its price target to $58 on Oct 31st. The shares recently traded at $51.82, up $1.15, or 2.27% since the analyst’s rating. About the company: SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology. Get the most recent company news and stock data here >>
  • Alcatel-Lucent (NYSE:ALU): MKM Partners downgraded its rating on this company from Buy to Neutral on Nov 1st. The shares recently traded at $2.12, down $0.38, or 15.2% since the analyst’s rating. About the company: Alcatel-Lucent manufactures telecommunications equipment, and offers telecommunications services. The Company’s telecommunications equipment and services enable its customers to send or receive virtually any type of voice or data transmission. Alcatel-Lucent designs and builds public and private networks, communications systems and software, and data networking systems. Get the most recent company news and stock data here >>
  • Vocus (NASDAQ:VOCS): JMP Securities downgraded its rating on this company from Mkt Outperform to Mkt Perform on Nov 1st. The shares recently traded at $20.55, up $0.54, or 2.7% since the analyst’s rating. About the company: Vocus, Inc. provides web-based software for public relations automation. Get the most recent company news and stock data here >>
  • NVIDIA (NASDAQ:NVDA): Canaccord Genuity downgraded its rating on this company from Buy to Hold on Nov 1st. The shares recently traded at $14.74, up $0.68, or 4.84% since the analyst’s rating. About the company: NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company’s products provide interactive 3D graphics to the mainstream personal computer market. Get the most recent company news and stock data here >>
  • Electronic Arts (NASDAQ:ERTS): Hilliard Lyons downgraded its rating on this company from Long-term Buy to Neutral on Nov 1st. The shares recently traded at $24.49, up $2.03, or 9.04% since the analyst’s rating. About the company: Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services. Get the most recent company news and stock data here >>
  • Skyworks (NASDAQ:SWKS): Charter Equity downgraded its rating on this company from Buy to Mkt Perform on Nov 2nd. The shares recently traded at $21.32, up $2.24, or 11.74% since the analyst’s rating. About the company: Skyworks Solutions, Inc., a wireless semiconductor company, designs and manufactures radio frequency and complete semiconductor system solutions for mobile communications applications. The Company provides front-end modules, radio frequency subsystems, and system solutions to wireless handset and infrastructure customers worldwide. Get the most recent company news and stock data here >>
  • GeoEye (NASDAQ:GEOY): Canaccord Genuity downgraded its rating on this company from Buy to Hold and changed its price target from $45.25 to $33 on Nov 2nd. The shares recently traded at $26.82, down $0.43, or 1.58% since the analyst’s rating. About the company: GeoEye Inc. provides earth imagery products and services worldwide. The Company operates a high-resolution satellite, which offers black and white as well as color digital imagery on a global basis. Get the most recent company news and stock data here >>
  • Atmel (NASDAQ:ATML): Needham downgraded its rating on this company from Strong Buy to Buy and changed its price target to $12 on Nov 2nd. The shares recently traded at $10.44, up $0.26, or 2.55% since the analyst’s rating. About the company: Atmel Corporation designs, develops, manufactures, and markets various non-volatile memory and logic integrated circuits using its proprietary technology. The Company’s devices are used in products for telecommunications, computers, networking, image processing, industrial and military applications, and avionics. Get the most recent company news and stock data here >>
  • Sierra Wireless (NASDAQ:SWIR): RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $11 to $7. Morgan Keegan downgraded its rating on this company from Outperform to Mkt Perform on Nov 3rd. The shares recently traded at $6.43, down $0.21, or 3.16% since the analyst’s rating. About the company: Sierra Wireless Inc. is a wireless data communications equipment company. The Company delivers a variety of products including PC cards for portable computers, ruggedized vehicle-mounted modems, original equipment manufacturer modules for embedded applications, telemetry modems, and software tools and utilities. Get the most recent company news and stock data here >>
  • WebMD Health (NASDAQ:WBMD): Stifel Nicolaus downgraded its rating on this company from Buy to Hold on Nov 3rd. The shares recently traded at $31.07, down $0.08, or 0.26% since the analyst’s rating. About the company: WebMD Health Corp. provides health information services to consumers, physicians, healthcare professionals, employers, and health plans. The Company provides its services through its public and private online portals and health-focused publications. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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