UPDATE: Goldman Sachs Downgrades LSI to Neutral on Weak Enterprise Spending, PC Deterioration

In a report published Wednesday, Goldman Sachs analyst James Schneider downgraded the rating on LSI Corp. (NASDAQ: LSI ) from Buy to Neutral, and slightly lowered the price target from $8.00 to $7.00. In the report, Schneider noted, “We still believe that LSI's growth will be driven by design wins