Wall St. Watchdog reveals information about companies for which stock analysts upgraded shares in the Technology sector for the week ending October 28th, 2011
- F5 Networks (NASDAQ:FFIV): MKM Partners upgraded its rating on this company from Neutral to Buy and changed its price target from $90 to $120. About the company: F5 Networks, Inc. provides integrated Internet traffic management solutions designed to improve the availability and performance of mission-critical Internet-based servers and applications. The Company’s software-based solutions manage, control and optimize Internet traffic and content. F5′s solutions automatically deliver Internet content for service providers and e-businesses.
- Cisco Systems (NASDAQ:CSCO): UBS upgraded its rating on this company from Neutral to Buy and changed its price target from $17 to $19.75. About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
- Sonus Networks (NASDAQ:SONS): Miller Tabak upgraded its rating on this company from Hold to Buy and changed its price target from $2.55 to $3. About the company: Sonus Networks, Inc. provides voice infrastructure products. The Company’s hardware and software enables customers to deploy an integrated, packet-based network carrying both voice and data traffic. Sonus markets and sells its products to service providers, including long distance carriers, wholesale carriers, Internet service providers, and cable operators.
(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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