Top 10 Analyst Upgrades and Downgrades (AAP, AGN, CL, GLW, EMC, GS, PALM, LUV, S, TROW)

These are the top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls this Monday morning:

Advance Auto Parts Inc. (NYSE: AAP) Cut to Neutral at UBS.
Allergan Inc. (NYSE: AGN) Raised to Conviction Buy List at Goldman Sachs.
Colgate-Palmolive (NYSE: CL) Cut to Neutral at SunTrust Robinson Humphrey.
Corning Inc. (NYSE: GLW) Raised to Outperform at RBC Capital.
EMC Corp. (NYSE: EMC) Started as Buy at Brean Murray.
Goldman Sachs Group Inc. (NYSE: GS) Removed from Top Picks List at FBR.
Palm, Inc. (NASDAQ: PALM) Cut to Underperform at Morgan Keegan.
Southwest Airlines Co. (NYSE: LUV) Raised to Overweight at JPMorgan.
Sprint Nextel Corp. (NYSE: S) Raised to Outperform at Wells Fargo.
T. Rowe Price (NASDAQ: TROW) Raised to Overweight at JPMorgan.

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