Top Analyst Upgrades and Downgrades (ADTN, ED, EBAY, ENB, EXXI, GPS, JCP, LAZ, PCS, NUVA, RKT, SBAC, S, TWX)

ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at UBS.

Consolidated Edison Inc. (NYSE: ED) raised to Buy at Argus.

eBay Inc. (NASDAQ: EBAY) raised to Buy at Nomura.

Enbridge Inc. (NYSE: ENB) raised to Outperform at BMO Capital Markets.

Energy XXI Ltd. (NASDAQ: EXXI) started as Buy at Canaccord Genuity.

Gap Inc. (NYSE: GPS) named Bull of the Day at Zacks.

JCPenney Co. Inc. (NYSE: JCP) named Bear of the Day at Zacks.

Lazard Ltd. (NYSE: LAZ) cut to Market Perform at JMP Securities.

MetroPCS Communications Inc. (NYSE: PCS) cut to Reduce at Nomura.

NuVasive Inc. (NASDAQ: NUVA) cut to Market Perform at JMP Securities, cut to Market Perform at Wells Fargo and cut to Underperform at BMO Capital Markets.

Rock-Tenn Co. (NYSE: RKT) named value stock of the day at Zacks.

SBA Communications Corp. (NASDAQ: SBAC) raised to Buy at Citigroup.

Sprint Nextel Corp. (NYSE: S) cut to underperform at R.W. Baird.

Time Warned Inc. (NYSE: TWX) cut to Hold at Argus.

JON C. OGG