Cogent (CCOI) (XOXO) (NOA) (ACLS) (CNI) (VMW) Upgraded

Cogent Communications (NASDAQ: CCOI), XO Group Inc (NASDAQ: XOXO), North American Energy Partners Inc (NYSE: NOA), Axcelis Technologies Inc (NASDAQ: ACLS), Canadian National Railway (NYSE: CNI) and VMWare, Inc. (NYSE: VMW) upgraded by analysts.

Cogent Communications (CCOI) was upgraded by Collins Stewart from a “Neutral” rating to a “Buy” rating. They have a price target of $18.00 on the company.

XO Group Inc. (XOXO) was upgraded by ThinkEquity from a “Hold” rating to a “Buy” rating.

North American Energy Partners Inc. (NOA) was upgraded by BMO Capital Markets to a “Market Perform” rating.

Axcelis Technologies Inc. (ACLS) was upgraded by Pacific Crest to a “Sector Perform” rating.

Canadian National Railway (CNI) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $88.00 on the company.

VMWare, Inc. (VMW) was upgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Outperform” rating.