Wall St. Watchdog reveals information about companies for which stock analysts upgraded shares in the Technology sector for the week ending December 23rd, 2011.

F5 Networks (NASDAQ:FFIV): Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $125 on Dec 20th. The shares recently traded at $106.39, down $3, or 2.74% since the analyst’s rating. 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. Get the most recent company news and stock data here >>

TIBCO Software (NASDAQ:TIBX): Mizuho upgraded its rating on this company from Neutral to Buy on Dec 22nd. The shares recently traded at $23.79, up $0.03, or 0.13% since the analyst’s rating. About the company: TIBCO Software Inc. provides electronic business infrastructure software products that enable business-to-business, business-to-consumer, and business-to-employee solutions. The Company’s software products enable businesses to link internal operations, business partners, and customer channels in real time. Get the most recent company news and stock data here >>

VMware (NYSE:VMW): Wunderlich upgraded its rating on this company from Hold to Buy and changed its price target to $95 on Dec 22nd. The shares recently traded at $83.67, up $2.51, or 3.09% since the analyst’s rating. About the company: VMware, Inc. provides virtualization solutions from the desktop to the data center. The Company’s solution products addresses a range of IT problems, which includes cost and operational inefficiencies, business continuity, software lifecycle management and desktop management. 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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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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