ZoZoTrader πΊπΈπ¨π¦πππ΄βοΈ · @ZoZoStockwatch
25th Mar 2014 from TwitLonger
$RAX Rackspace upgraded at Morgan Stanley
As previously reported, Morgan Stanley upgraded Rackspace to Overweight from Equal Weight. The firm upgraded shares due to valuation, reaccelerating revenue momentum, differentiated service offerings, and expectations for stabilizing/accelerating revenue trends. Price target is $45.