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MOST NOTEWORTHY: Iberdrola, Research in Motion and St. Mary Land & Exploration Co were today's noteworthy upgrades:
- Goldman upgraded shares of Iberdrola (IBDRY) to Buy from Neutral and added the company to its European Conviction Buy List on valuation following the recent weakness.
- Oppenheimer upgraded Research in Motion (NASDAQ:RIMM) to Outperform from Perform citing lowered expectations and strong demand.
- Suntrust raised its rating on St. Mary Land & Exploration (NYSE:SM) to Buy from Neutral, citing valuation and higher oil price estimates.
OTHER UPGRADES:
- Broadpoint upgraded Cerner (CERN) to Buy from Neutral.
- JP Morgan upgraded Wrigley (WWY) to Overweight from Neutral.
- Credit Suisse upgraded Brookfield ASset Management (BAM) to Outperform from Neutral.
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