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Analyst upgrades:
- Citigroup upgraded National Fuel (NYSE: NFG) to Hold from Sell to reflect better than expected drilling results for the company's Marcellus shale assets. Citi raised its target on shares to $43 from $42.
- Baird upgraded Netezza (NYSE: NZ) to Outperform from Neutral and raised its target to $14 from $7 based on the company's new product announcement and potential revenue acceleration.
- JPMorgan upgraded Liberty Interactive (NASDAQ: LINTA) to Overweight from Neutral. The firm finds the valuation attractive following Liberty's better than expected Q2 results and set a $13 price target on the stock.
- Marlin Business (NASDAQ: MRLN) was upgraded to Outperform from Market Perform at William Blair.
- Paychex (NASDAQ: PAYX) was upgraded to Sell from Conviction Sell at Goldman.
- Hewitt Associates (NYSE: HEW) was upgraded to Buy from Neutral at UBS.
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