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Top 10 Analyst Upgrades and Downgrades (ADTN, LLY, MGM, MICC, N, POT, SNDK, TIVO, VIP, ZION)

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By Jon C. Ogg Updated Published

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

ADTRAN Inc. (NASDAQ: ADTN) Started as Buy at Needham.
Eli Lilly & Co. (NYSE: LLY) Cut to Sell at Hapoalim Securities.
MGM Mirage (NYSE: MGM) Raised to Conviction Buy List (already was at Buy) at Goldman Sachs.
Millicom International Cellular SA (NASDAQ: MICC) Started as Outperform at BNP Paribas.
Netsuite, Inc. (NYSE: N) Started as Neutral at Goldman Sachs.
Potash Corp. of Saskatchewan (NYSE: POT) Raised to Hold from Sell at Soleil.
SanDisk Corporation (NASDAQ: SNDK) Reiterated Sell at Auriga.
TiVo Inc. (NASDAQ: TIVO) Started as Outperform at BMO Capital.
Vimpelcom Ltd. (NYSE: VIP) Started as Buy at Goldman Sachs.
Zions Bancorp (NASDAQ: ZION) Raised To Mkt Perform From Underperform By KBW; Cut to Market Perform at Bernstein.

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JON C. OGG

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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