UPDATE: Morgan Stanley Upgrades LSI Corporation on Position to Benefit from Industry Trends
October 30, 2013 at 10:56 AM EDT
In a report published Wednesday, Morgan Stanley analyst Joseph Moore upgraded the rating on LSI Corporation (NASDAQ: LSI ) from Equal-Weight to Overweight, and named a $10.00 price target. In the report, Morgan Stanley noted, “LSI is well positioned to benefit from industry trends with its refreshed product portfolio (SSD,