Analysts' Actions: CSCO JNPR KR SCHW WFM

Alaska Air was upgraded at Imperial Capital to outperform from in-line. $70 price target. Fears of increased competition have been overblown, Imperial Capital said.

Cliffs Natural was initiated with a market perform rating at Wells Fargo. Average selling prices will likely trend lower over the next several years, Wells Fargo said.

Cisco was downgraded at MKM Partners to neutral from buy. $26 price target. No longer expect product orders to accelerate in the October quarter, MKM Partners said.

FAB Universal was upgraded to hold at TheStreet Ratings.
Juniper was upgraded at MKM Partners to buy from neutral. $26 price target. Service Provider growth can meaningfully accelerate, MKM Partners said. Read more.