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Analyst upgrades:
- Stephens upgraded Quidel (QDEL) to equal weight from underweight on valuation following the recent pullback in shares. The firm keeps a $16 price target on the stock.
- UBS upgraded Clearwire (CLWR) to neutral from sell, citing the company's funding, which increases opportunities. The firm raised its price target to $6 from $3.
- Oppenheimer upgraded Mattson Technology (MTSN) to outperform from perform on expectations the company will benefit from a cyclical recovery in memory capex spending in 2010. The firm raised its target on shares to $4 from $3.
- Eli Lilly (LLY) was upgraded to sell from conviction sell at Goldman.
- Kinross Gold (KGC) was upgraded to overweight from neutral at JPMorgan.
- Limited Brands (LTD) was upgraded to hold from sell at Soleil.
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