I had the same initial thoughts...safer to be a skeptic...however the shares were a winner for the analyst and you have two choices when the scenario plays out...up your target or temper your rating. The scenario is in the hands of management and their ability to execute. The markets and technology they participate in are hot and growing. This is the time to perform and lose the excuses and push outs of success.
Combes already said it would be strong quarter. Stop thinking so much about this downgrade. Yes, people are #$%$, yes people have lost gains. If anything, they would downgrade after results, to push the share price down further to enhance their short position. My opinion is they are loading up before the big run.