Technology Company Share Upgrades to Watch

Wall St. Watchdog reveals information about companies for which stock analysts upgraded shares in the Technology sector for the week ending November 4th, 2011:

  • Broadcom (NASDAQ:BRCM): JMP Securities upgraded its rating on this company from Mkt Perform to Mkt Outperform and changed its price target to $42 on Oct 31st. The shares recently traded at $35.83, down $0.26, or 0.72% since the analyst’s rating. About the company: Broadcom Corporation provides integrated silicon solutions that enable broadband digital data transmission of voice, data, and video content to the home and within the business enterprise. The Company designs, develops, and supplies integrated circuits for cable set-top boxes, cable modems, high-speed networking, direct satellite and digital broadcast, and digital subscriber line. Get the most recent company news and stock data here >>
  • Cavium Networks (NASDAQ:CAVM): Rodman & Renshaw upgraded its rating on this company from Mkt Perform to Mkt Outperform and changed its price target to $36 on Nov 1st. The shares recently traded at $33.34, down $0.27, or 0.8% since the analyst’s rating. About the company: Cavium Networks, Inc. provides semiconductor processors that enable intelligent networking, communications and security applications. The Company offers a broad portfolio of software compatible processors and accelerator boards ranging in performance from 10 Mbps to 10 Gbps. Get the most recent company news and stock data here >>
  • LG Display (NYSE:LPL): HSBC Securities upgraded its rating on this company from Underweight to Overweight on Nov 1st. The shares recently traded at $10.77, up $0.73, or 7.27% since the analyst’s rating. About the company: LG Display Company Ltd. develops and manufactures digital display products. The Company’s products include thin film transistor-liquid crystal displays (TFT-LCD) for notebook and desktop computer monitors, TVs, and mobile phones. LG Display provides its products to overseas and domestic markets. Get the most recent company news and stock data here >>
  • AU Optronics (NYSE:AUO): HSBC Securities upgraded its rating on this company from Underweight to Overweight on Nov 1st. The shares recently traded at $4.95, up $0.58, or 13.27% since the analyst’s rating. About the company: AU Optronics Corp. manufactures and markets thin film transistor-liquid crystal displays (TFT-LCDs) and plasma display panels (PDPs). The Company sells its products in Taiwan and exports worldwide. Get the most recent company news and stock data here >>
  • BTU Int’l (NASDAQ:BTUI): Feltl & Co. upgraded its rating on this company from Sell to Hold on Nov 2nd. The shares recently traded at $3.69, down $0.13, or 3.4% since the analyst’s rating. About the company: BTU International, Inc. designs, manufactures, sells, and services thermal processing equipment and related process controls for use in the electronics, power generation, automotive, and other industries. The Company supplies solder reflow systems, low temperature curing/encapsulation, hybrid integrated circuit manufacturing, and systems for sintering nuclear fuel. Get the most recent company news and stock data here >>
  • TNS Inc (NYSE:TNS): Barrington Research upgraded its rating on this company from Mkt Perform to Outperform on Nov 2nd. The shares recently traded at $20.33, up $0.11, or 0.54% since the analyst’s rating. About the company: TNS Inc. provides business-critical data communications services to processors of credit card, debit card and automated teller machine transactions. The Company also provides call signaling and database access services to the domestic telecommunications industry and of secure data and voice network services to global financial industry. Get the most recent company news and stock data here >>
  • IPG Photonics (NASDAQ:IPGP): Needham upgraded its rating on this company from Hold to Buy and changed its price target to $60 on Nov 2nd. The shares recently traded at $51.40, up $0.68, or 1.34% since the analyst’s rating. About the company: IPG Photonics Corporation produces high-power fiber lasers and amplifiers. The Company develops and commercializes optical fiber-based lasers used in a wide range of applications such as materials processing, telecommunications and medical applications. Get the most recent company news and stock data here >>
  • IRIS Intl (NASDAQ:IRIS): Feltl & Co. upgraded its rating on this company from Hold to Buy and changed its price target from $11 to $13.2. The Benchmark Company upgraded its rating on this company from Sell to Hold and changed its price target to $8.5 on Nov 4th. The shares recently traded at $9.38, down $0.2, or 2.09% since the analyst’s rating. About the company: IRIS International Inc. designs, develops, manufactures, and markets in vitro diagnostic imaging software systems that automate microscopic procedures. The Company operates through its Iris Diagnostics division, and two subsidiaries: Statspin Inc. and Advanced Digital Imagin Research LLC. Get the most recent company news and stock data here >>
  • Cogent Communications (NASDAQ:CCOI): FBR Capital upgraded its rating on this company from Underperform to Mkt Perform and changed its price target from $10 to $13 on Nov 4th. The shares recently traded at $16.60, up $0.06, or 0.36% since the analyst’s rating. About the company: Cogent Communications Group, Inc. is a next generation optical Internet service provider focused on delivering ultra-high speed Internet access and transport services. The Company serves businesses in the multi-tenant marketplace and service providers located in major metropolitan areas across the United States. 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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