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Citigroup on Wednesday initiated coverage on a broad range of networking equipment companies, giving buy ratings to Qualcomm (QCOM), Nokia (NOK), Alcatel-Lucent (ALU) and F5 Networks (FFIV), but calling Cisco Systems (CSCO) a sell. Analyst Ehud Gelblum’s only other buy rating went to Riverbed Technology (RVBD). His other sell ratings went to BlackBerry (BBRY) and Brocade (BRCD). Citigroup gave neutral ratings to Ciena (CIEN), Corning (GLW), Scalper1 News
Scalper1 News