MOST NOTEWORTHY:

• Jefferies upgraded shares of Macrovision (NASDAQ: MVSN) to Buy from Hold on valuation, as they think the stock looks "very cheap" if the Gemstar (NASDAQ: GMST) deal does not get done; if the deal does get done, they think investors will get paid, but admits it may take longer.
  
• JP Morgan upgraded SAIC Inc. (NYSE: SAI) to Overweight from Neutral as they expect the company to beat consensus estimates as margins surprise to the upside given cost reductions and cargo detection sales.
  
• Dassault Systemes (NASDAQ: DASTY) was upgraded to Overweight from Equal Weight at Morgan Stanley as they find the company's recurring business and lack of exposure to troubled markets attractive in the current market.

• GSI Commerce (NASDAQ: GSIC) was upgraded to Outperform from Underperform at Bear Stearns.
  
• Lehman upgraded Cigna (NYSE: CI) to Equal Weight from Underweight.
  
• Citigroup upgraded Alpha Bank (OTC: ALBKY) to Buy from Hold.

Analyst upgrades: Macrovision, SAIC, Dassault Systemes originally appeared on BloggingStocks on Thu, 10 Jan 2008 11:51:00 EST. Please see our terms for use of feeds.