Notable Analyst Rating Changes 07/27: (AKS) (RFMD) (ERTS) Upgraded; (JNPR) (PCX) (STM) Downgraded

UPGRADES
CRT Capital upgrades AK Steel (NYSE: AKS) from Fairly Valued to Buy, price target lowered from $18 to $16.

Craig-Hallum lifts RF Micro Devices (Nasdaq: RFMD) from Hold to Buy, price target raised from $6.50 to $8.00.

Brean Murray Carret & Co. raises Electronic Arts (Nasdaq: ERTS) from Hold to Buy with a price target of $29.00. Click Here for more color.

Goldman Sachs lowered its price target on FMC Technologies (NYSE: FTI) from $58 to $55 following Q2 results.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Juniper Networks (Nasdaq: JNPR) lowered by a mess of firms today:

• Oppenheimer from Outperform to Perform;
  
  
• ThinkEquity from Buy to Hold with a price target of $29.00;
  
  
• Goldman Sachs) from Conviction Buy to Buy with a price target of $36.00 (down from $50). Click Here for more color.
  
  
• William Blair from Outperform to Market Perform;
  
  
• JPMorgan from Overweight to Neutral with a price target of $26.00 (down from $40);
  
  
• Piper Jaffray from Overweight to Neutral, price target lowered from $47 to $30;
  
  
• WJB Capital from Buy to Hold, price target lowered from $50 to $29;
  
  
• Avian from Positive to Neutral; and
  
  
• MKM Securities from Buy to Neutral, its price target lowered from $39 to $30.

Patriot Coal (NYSE: PCX) lowered by two today:

• Goldman Sachs from Conviction Buy List to Neutral with a price target of $24.00 (down from $29). Click Here for more color; and
  
  
• Howard Weil from Market Outperform to Market Perform, it price target lowered from $33 to $26.

Deutsche Bank cuts STMicroelectronics (NYSE: STM) from Buy to Hold, price target lowered from €11.50 to €7.00. Click Here for more color.

Ticonderoga downgrades Charles Schwab Corp. (NYSE: SCHW) from Buy to Neutral.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Merriman Curhan Ford initiates LSI Corporation (NYSE: LSI) with a Buy.

Bankrate (Nasdaq: RATE) started by two firms:

• Goldman Sachs at Neutral and $18 6-month price target. Click Here for more color; and
  
  
• Citi with a Buy, price target $22.00.

Piper Jaffray assumes Big Lots (NYSE: BIG) with a Neutral, and $39 price target.

Piper Jaffray starts Lumber Liquidators (NYSE: LL) with a Neutral, and price target of $19.00.

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