In tech earnings last night, WDAY (-1.0%) posted a beat and issued inline guidance and AMBA (+13.2%) posted a solid beat, while FNSR (-5.7%) reported a slight beat and issued inline guidance. Also TXN (-0.8%) raised Q1 guidance in its mid qtr update. In news, NXPI (-2.4%) announced a 25 mln share secondary. Elsewhere, there are reports out indicate BBRY (+0.5%) Z10 wll be sold with T (+0.6%) starting Mar 22. Among notable analyst upgrades this morning in the tech space, FENG (+1.8%) was upgraded to Buy at Deutsche Bank. Also, IFNNY (+4.3%) was added to Conviction Buy list at Goldman. Among downgrades, AVG (-8.9%) was downgraded to Mkt Perform at JMP. There are no notable names in tech set to report after the close.
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