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Sector Update: Technology Shares Higher Pre-Market; Twitter Drops 1% on Downgrade

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Top Technology Stocks:

MSFT: +0.17%

AAPL: +0.56%

IBM: +0.61%

CSCO: flat

GOOG: +0.03%

Technology shares are generally higher in pre-market trading today.

In technology stocks news, analysts at Cowen have initiated coverage of Twitter Inc. ( TWTR ) with a Sell rating and a price target of $32 a share.

In the pre-market session, shares of TWTR are down about 0.94%, within a 52-week range of $38.80 - $74.73.

And, Sprint ( S ) is 1.8% after recording a lower ask of 9.87 this morning after Deutsche Bank cut its rating on the shares to Hold from Buy.

Finally, Canadian Solar Inc. ( CSIQ ) is up 2.5% at $39.40 after it said it has completed and connected a 10 MW ground mounted solar power project to the grid in Sihong County, Jiangsu Province in eastern China.

This project was developed by CSI Solar Power Inc., a subsidiary of Canadian Solar, with Gaochuangte New Energy as the EPC contractor.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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