Analysts Just Upgraded These Tech Shares: RBVD, ADSK, MU, RIMM

Wall St. Watchdog reveals information about companies for which stock analysts upgraded shares in the Technology sector for the week ending November 18th, 2011.

  • OYO Geospace (NASDAQ:OYOG): Global Hunter Securities upgraded its rating on this company from Accumulate to Buy and changed its price target from $80 to $105 on Nov 14th. The shares recently traded at $82.46, down $3.14, or 3.67% since the analyst’s rating. About the company: OYO Geospace Corporation designs and manufactures instruments and equipment used in the acquisition and processing of seismic data. The Company markets its seismic instruments primarily to the oil and gas industry worldwide. OYO Geospace also designs and manufactures thermal imaging equipment and distributes dry thermal film products to the commercial graphics industry. Get the most recent company news and stock data here >>
  • Riverbed Technology (NASDAQ:RVBD): RBC Capital Mkts upgraded its rating on this company from Sector Perform to Outperform and changed its price target from $28 to $35 on Nov 15th. The shares recently traded at $25.47, down $4.03, or 13.66% since the analyst’s rating. About the company: Riverbed Technology, Inc. manufactures and markets appliances used to connect computers in wide area networks. Get the most recent company news and stock data here >>
  • Sunpower (NASDAQ:SPWRA): Avian upgraded its rating on this company from Negative to Neutral on Nov 16th. About the company: SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies. Get the most recent company news and stock data here >>
  • Autodesk (NASDAQ:ADSK): Brigantine upgraded its rating on this company from Hold to Buy and changed its price target from $28 to $38 on Nov 16th. The shares recently traded at $32.40, down $3.18, or 8.94% since the analyst’s rating. About the company: Autodesk, Inc. supplies PC software and multimedia tools. The Company’s two-dimensional and three-dimensional products are used across industries and in the home for architectural design, mechanical design, geographic information systems and mapping, and visualization applications. Autodesk’s software products are sold worldwide through a network of dealers and distributors. Get the most recent company news and stock data here >>
  • Micron (NASDAQ:MU): MKM Partners upgraded its rating on this company from Neutral to Buy and changed its price target to $8. Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $8 on Nov 17th. The shares recently traded at $6.09, down $0.24, or 3.79% since the analyst’s rating. About the company: Micron Technology, Inc., through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules. Get the most recent company news and stock data here >>
  • Research In Motion (NASDAQ:RIMM): Brigantine upgraded its rating on this company from Sell to Buy and changed its price target to $25 on Nov 17th. The shares recently traded at $17.36, down $1.29, or 6.92% since the analyst’s rating. About the company: Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications. Get the most recent company news and stock data here >>
  • Autodesk (NASDAQ:ADSK): Argus upgraded its rating on this company from Hold to Buy and changed its price target to $47 on Nov 17th. The shares recently traded at $32.40, down $2.05, or 5.95% since the analyst’s rating. About the company: Autodesk, Inc. supplies PC software and multimedia tools. The Company’s two-dimensional and three-dimensional products are used across industries and in the home for architectural design, mechanical design, geographic information systems and mapping, and visualization applications. Autodesk’s software products are sold worldwide through a network of dealers and distributors. 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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