In tech earnings last night, SIGM (+15.4%) posted a mixed qtr, but offered encouraging guidance. This morning, CHL (+1.7%) reported Q4 revenues just shy of estimates. In news, HITT (-1.5%) announced a succession plan for its CEO and reiterated guidance. Among rumors, we are hearing some M&A speculation surrounding RITT (+24.3%). The company also launched a new indoor wireless optical network. Among notable analyst upgrades this morning in the tech space, AAPL (+0.6%) was upgraded to Buy at BTIG, EBAY (+3.6%) was upgraded to Overweight at Evercore, SIGM (+15.4%) was upgraded to Buy at Needham and VMW (+3.0%) was upgraded to Outperform at RBC. Among downgrades, Oppenheimer downgraded DOX (+0.1%) to Perform. There are no notable names in tech scheduled to report quarterly results today after the close.






