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Top Analyst Upgrades and Downgrades (ANF, DGIT, GPS, GPRE, KYN, RAX, RTP)

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By Jon C. Ogg Updated Published

These are some of the top analyst upgrades, downgrades, and initiations seen in Wall Street research notes this Tuesday morning:

Abercrombie & Fitch (NYSE: ANF) Raised to Outperform at BMO Capital.
DG FastChannel, Inc. (NASDAQ: DGIT) Maintained Outperform but target cut to $41 at Oppenheimer.
Gap Inc. (NYSE: GPS) Raised to Outperform at Wells Fargo.
Green Plains Renewable Energy (NASDAQ: GPRE) Cut to Neutral at Piper Jaffray.
Kayne Anderson MLP Investment Co. (NYSE: KYN) Raised to Buy at Wunderlich.
Rackspace Hosting, Inc. (NYSE: RAX) Cut to Hold at Benchmark.
Rio Tinto plc (NYSE: RTP) Raised to Buy at BofA/Merrill Lynch.

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JON C. OGG

Contact [email protected] for any questions or corrections.

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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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