Morgan Stanley Upgraded the Semiconductor Sector (SMH) to Attractive (BRCM, MRVL, MU, more)
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Morgan Stanley upgraded the Semiconductor space (NYSE: SMH) from In-Line to Attractive.
The firm upgraded Broadcom (Nasdaq: BRCM), Marvell Technology Group Ltd. (Nasdaq: MRVL) and Micron (NYSE: MU) from Equal Weight to Overweight.
MEMC Electronic Materials Inc. (NYSE: WFR) was upgraded from Undrerweight to Neutral.
Altera Corp. (Nasdaq: ALTR), Applied Micro Circuits Corp. (Nasdaq: AMCC), Lattice Semiconductor (Nasdaq: LSCC), Xilinx Inc. (Nasdaq: XLNX) were downgraded from Equal Weight to Underwight.
PMC-Sierra Inc. (Nasdaq: PMCS) was downgraded from Overweight to Equal Weight.
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