Top Analyst Upgrades and Downgrades (CEDC, XOM, GMAN, KLIC, RIMM, SANM, SKH, TER, VSEA, NRGY)

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By Jon C. Ogg Updated Published

These are some of the top research calls for analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday:

Central European Distribution Corp. (NASDAQ: CEDC) Started as Buy at Citigroup.
ExxonMobil Corp. (NYSE: XOM) Cut to Sector Perform and $70 target at RBC (third cut in two days).
Gordmans Stores, Inc. (NASDAQ: GMAN) Started as Outperform at Baird; Started as Buy at Stifel Nicolaus; Started as Outperform at Wells Fargo.
Kulicke & Soffa Industries inc. (NASDAQ: KLIC) Cut to Underperform at Oppenheimer.
Research In Motion Limited (NASDAQ: RIMM) Cut target to $90 at TD.
Sanmina-SCI Corp. (NASDAQ: SANM) Reiterated Buy at Needham.
Skilled Healthcare Group, Inc. (NYSE: SKH) Cut to Hold at Jefferies.
Teradyne Inc. (NYSE: TER) Cut to Perform at Oppenheimer.
Varian Semiconductor Equipment Associates Inc. (NASDAQ: VSEA) Started as Overweight at JPMorgan.
Verigy, Ltd. (NASDAQ: VRGY) Cut to Underperform at Oppenheimer.

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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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