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Top Analyst Upgrades and Downgrades (AKS, ATML, AVP, CTXS, DRI, EQM, HK, LAMR, ORCL, BTU, SBH, SQNM, JOE, X, VLO, VECO, VPHM, FB, GS, MS)

Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday.

AK Steel Holding Corp. (NYSE: AKS) cut to Sell at Citigroup.

Atmel Corp. (NASDAQ: ATML) cut to Neutral at UBS.

Avon Products Inc. (NYSE: AVP) named Bear of the Day at Zacks.

Citrix Systems Inc. (NASDAQ: CTXS) cut to Equal Weight at Morgan Stanley.

Darden Restaurants Inc. (NYSE: DRI) cut to Neutral at JPMorgan.

EQT Midstream Partners L.P. (NYSE: EQM) cut to Neutral at Credit Suisse.

Halcon Resources Corp. (NYSE: HK) started as Overweight at Barclays.

Lamar Advertising Co. (NASDAQ: LAMR) raised to Overweight at Morgan Stanley and raised to Outperform at Wells Fargo.

Oracle Corp. (NASDAQ: ORCL) reiterated Buy with $39 target at Argus.

Peabody Energy Corp. (NYSE: BTU) cut to Underperform at BofA/ML.

Sally Beauty Holdings Inc. (NYSE: SBH) started as Outperform at Credit Suisse.

Sequenom Inc. (NASDAQ: SQNM) cut to Neutral at Piper Jaffray.

The St. Joe Company (NYSE: JOE) named Bull of the Day at Zacks.

United States Steel Corp. (NYSE: X) cut to Neutral at Citigroup.

Valero Energy Corp. (NYSE: VLO) cut to Hold at Argus.

Veeco Instruments Inc. (NASDAQ: VECO) cut to Sell at Goldman Sachs.

ViroPharma Inc. (NASDAQ: VPHM) raised to Outperform at Wells Fargo.

Facebook Inc. (NASDAQ: FB) could be worth as little as $15 per share, according to the cover story over the weekend by Barron’s.

Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) both saw their estimates raised for 2012 by Credit Suisse this morning. Goldman’s change was based on better September trading and asset prices; Morgan Stanley was called not a great environment, but it is looking for a post-Moody’s bounce.

JON C. OGG

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