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Technology Sector Update for 11/04/2015: HPQ, ALU, WIX

Top Technology Stocks:

MSFT: +0.2%

AAPL: +0.7%

IBM: +0.1%

CSCO: flat

GOOG: +0.2%

Technology shares were mainly higher in early trade on Wednesday.

In technology stocks news, Hewlett-Packard ( HPQ ), a provider of technology, software, solutions and services saw its shares initiated by UBS with a neutral rating and $15 price target.

Shares in the company were 0.2% lower at $14.26 shortly after main markets opened. The stock has traded between $11.04 and $18.66 over the past 52 weeks.

Alcatel Lucent ( ALU ), a provider of cloud networking and ultra-broadband access, saw its shares upgraded by BMO Capital to outperform from market perform.

Shares were 0.7% higher at $4.2 in recent trade. The company has traded between $3.03 and $4.96 over the past 52 weeks.

And Wix.com ( WIX ), a web development platform, reported Wednesday its financial results for Q3 2015 that topped analyst estimates.

Shares surged 8.0% to $23.45 in recent trade. The company has traded between $16.35 and $28.63. over the past 52 weeks.

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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