Wedbush upgraded Sotheby's (NYSE: BID) to Outperform: "In our view, rising global demand, better-than-expected recent auction results, and positive feedback from industry contacts point to meaningful recovery next year in the global art auction market. After suffering a year of difficult comparisons, [the art auction market] is now poised at a critical inflection point to generate a solid rebound by spring 2010. We are raising our 2010 [Sotheby's] revenue forecast to $560 million from $464 million."