Notable Analyst Rating Changes 8/11: (ADBE) (RAX) (VZ) Upgraded; (AMAT) (KMT) (XON) Downgraded - InvestingChannel

Notable Analyst Rating Changes 8/11: (ADBE) (RAX) (VZ) Upgraded; (AMAT) (KMT) (XON) Downgraded

UPGRADES
RBC Capital lifts Adobe (Nasdaq: ADBE) from Sector Perform to Outperform with a price target of $105.

Raymond James upgrades Rackspace (NYSE: RAX) from Outperform to Strong Buy with a price target of $48.

MoffettNathanson boosts Verizon Communications (NYSE: VZ) from Neutral to Buy with a price target of $54.

H.C. Wainwright (Rodman & Renshaw) raises Towerstream (Nasdaq: TWER) from Neutral to Buy with a price target of $3.

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

DOWNGRADES
Summit Research drops Applied Materials (Nasdaq: AMAT) from Buy to Hold with a price target of $18. Click Here

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