CTC (CTCM) (SGY) (STJ) (TEO) (BYI) (DMND) Upgraded

CTC Media, Inc. (NASDAQ: CTCM), Stone Energy (NYSE: SGY), St. Jude Medical, Inc. (NYSE: STJ), Telecom Argentina (NYSE: TEO), Bally Technologies Inc. (NYSE: BYI) and Diamond Foods (NASDAQ: DMND) were upgraded by analysts.

Stone Energy (SGY) was upgraded by Barclays Capital from an “Equal Weight” rating to an “Overweight” rating.

St. Jude Medical, Inc. (STJ) was upgraded by Morgan Stanley (NYSE:MS) from an “Underweight” rating to an “Equal Weight” rating.

Telecom Argentina (TEO) was upgraded by Bank of America (NYSE:BAC) to a “Buy” rating.

Bally Technologies Inc. (BYI) was upgraded by Janney Montgomery Scott from a “Neutral” rating to a “Buy” rating.

CTC Media, Inc. (CTCM) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating. They have a price target of $13.00 on the company, down from $22.00.

Diamond Foods (DMND) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $94.00 on the company.