Notable stock upgrades issued in the last week.
Notable stock upgrades issued in the last week. (Trading signs in parentheses.)
anticipates LIKE A GOOD BET
Harrah's Entertainment Inc. (HET) was raised to "aggressive buy" from "hold" by way of analyst Dennis I. Forst at KeyBanc Capital Markets. The 12-month price target is $90 for share. It closed Friday at $7721
MGM Mirage (MGM) was raised to "outperform" from "peerperform" at analyst Joseph R. Greff at Bear Stearns & Co The price target is $48 through share. It closed Friday at $4140
POISED FOR TAKEOFF
US Airways cluster Inc. (LCC) was raised to "add" from "neutral" by means of analyst Raymond E. Neidl at Calyon Securities (USA) Inc. It clos Friday at $3871
Continental Airlines Inc. (CAL) was raised to "buy" from "add" by dint of Neidl. It closed Friday at $2747
LOCAL UPGRADES
Clark Inc. (CLK) was raised to "buy" from "hold" on analyst Nicholas Pirsos at Sandler O'Neill & Partners, LP It clos Friday at $1154
ELoyalty Corp. (ELOY) was rated of the present day "buy" in new coverage on analyst Michael Huang at ThinkEquity Partners. The price target is $20 for share. It closed Friday at $1562
OfficeMax Inc. (OMX) was raised to "outperform/cautious" from "in- line/cautious" through analyst Matthew J. Fassler at Goldman Sachs & Co It clos Friday at $3056
UAL Corp. (UAUA) was raised to "add" from "neutral" at analyst Neidl. It closed Friday at $4171
Notable stock downgrades issued in the last week. (Trading emblems in parentheses.)
MOVING IN THE wrongful DIRECTION
Research in Motion Ltd (RIMM) was downgraded to "sell" from "buy" according to analyst Richard T. Williams at ICAP. The price target is $65 through share. It closed Friday at $8392
ET TU LEAR
Lear Corp. (LEA) was downgraded to "sell" from "reduce" through analyst Joseph C. Amaturo at Calyon Securities (USA) Inc. It clos Friday at $1727
formless WATERS
Royal Caribbean Cruises Ltd (RCL) was downgraded to "neutral" from "positive" on analyst Robert Lafleur at Susquehanna Financial form into groups It closed Friday at $4178
Carnival Corp. (CCL) was downgraded to "neutral" from "positive" on Lafleur. It closed Friday at $4784
LOCAL DOWNGRADE
Fortune Brands Inc. (FO) was downgraded to "hold" from "buy" on analyst Ivan Feinseth at Matrix USA. It clos Friday at $8261
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