Cisco and These Tech Stocks Recently Upgraded

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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