Early Bird Technology Analyst Upgrades & Downgrades (ARUN, PMCS, RVBD, ALTR, CTRP, PMTC, SNWL, XLNX)

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These are some of the key analyst upgrades and downgrades from Wall Street that we have seen so far this morning in technology stocks:

  • Aruba Networks (ARUN) Raised to Neutral from Sell at Goldman Sachs.
  • PMC-Sierra (PMCS) Raised to Buy at Goldman Sachs.
  • Riverbed Tech (RVBD) Raised to Neutral at UBS.
  • Altera (ALTR) Cut to Sell at Goldman Sachs.
  • Ctrip.com (CTRP) Cut target to $45 from $62 at Goldman Sachs.
  • Parametric Tech (PMTC) Cut to Neutral at Piper Jaffray.
  • SonicWALL (SNWL) Cut to Neutral at Baird.
  • Xilinx (XLNX) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
October 29, 2008