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Analyst upgrades:
- Wachovia upgraded shares of Exelon (NYSE: EXC) to Outperform from Market Perform to reflect the company's attractive nuclear fleets and strong operational track record.
- Jesup & Lamont upgraded Ormat Technologies Inc. (NYSE: ORA) to Buy from Hold on valuation and increasing visibility on near-term Products revenue.
- RBC Capital upgraded Memc Electronic (NYSE: WFR) to Outperform from Sector Perform on expectations of improved demand growth following the likely eight-year extension of the US solar tax credit program.
- AmBev (NYSE: ABV) was raised to Outperform from Neutral at Credit Suisse.
- AmerisourceBergen (NYSE: ABC) was upgraded at Merrill Lynch to Buy from Neutral.
- Piper upgraded Anadys Pharma (NASDAQ: ANDS) to Neutral from Sell.
Analyst downgrades:
Comfort Zone Investing: The unmighty dollar
Five winners of a weak dollar
For a quick-read on the U.S. economy, check the price of gasoline
