Barclays Upgrades LSI to Overweight, Cuts INTC, AMAT, MCHP, FSL, CODE to Equalweight

In addition to upgrades on Micron and Cymer earlier, several analysts at Barclays revised investment ratings on stocks in the Semi space Tuesday morning.

• upgraded LSI Corp. (NYSE: LSI) from Equalweight to Overweight, price target from $6 to $7
  
• downgraded Intel (Nasdaq: INTC) from Overweight to Equalweight, from $26 to $25
  
• downgraded Applied Materials (Nasdaq: AMAT) from Overweight to Equalweight, price target from $13 to $12
  
• downgraded Microchip Tech (Nasdaq: MCHP) from Overweight to Equalweight, price target from $38 to $30
  
• downgraded Freescale Semi (NYSE: FSL) from Overweight to Equalweight, from $16 to $15
  
• downgraded Spansion (Nasdaq: CODE) from Overweight to Equalweight, from $16 to $10

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