UPDATE: Morgan Stanley Upgrades SolarWinds to Equal-Weight on Multiple Positive Factors

In a report published Wednesday, Morgan Stanley analyst Keith Weiss upgraded the rating on SolarWinds SWI from Underweight to Equal-Weight. In the report, Weiss noted, “Accelerating volume growth with stabilized sales productivity illustrates how acquisitions fuel SWI's unique growth engine, rather than just adding execution risk. With a multiple already discounting acquired growth and cons. poised to move higher, we upgrade SWI to Equal-weight.” SolarWinds closed on Tuesday at $57.80.