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MOST NOTEWORTHY: MSC Industrial, Prudential plc and GrafTech were today's noteworthy upgrades:
- William Blair upgraded shares of MSC Industrial (NYSE: MSM) to Outperform from Market Perform on valuation and improved execution following the company's Q2 results.
- Keefe Bruyette raised Prudential plc (NYSE: PUK) to Outperform from Underperform as they believe the company's targets will be exceeded.
- Oppenheimer upgraded GrafTech (NYSE: GTI) to Outperform from Perform based on strong fundamentals, improving margins, and a strong 2008 order book.
OTHER UPGRADES:
- HFF Inc. (NYSE: HF) was raised to Overweight from Equal Weight at Morgan Stanley.
- Lehman raised Canadian Natural (NYSE: CNQ) to Overweight from Equal Weight.
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