Notable stock upgrades issued in th...

Notable stock upgrades issued in the last week. (Trading types in parentheses.)

Ready to take facing

Continental Airlines Inc. (CAL) was raised to "buy" from "hold" on analyst Helane Becker at the Benchmark Co LLC The price target is $33 by share. Friday's closing price was $25

Going upon offense

Northrop Grumman Corp. (NOC) was raised to "market perform" from "underperform" from analyst Patrick J. McCarthy at Friedman, Billings, Ramsey & Co It clos Friday at $6722

Hip, hip . .

Hurray! Holding Co Ltd (HRAY) was raised to "strong buy" from "hold" at analyst Michael Tieu at Brean Murray Carret & Co The price target is $9 by ADR. The close Friday was $641

Notable stock downgrades issued in the last week. (Trading tokens in parentheses.)

Slippery cloth

BP Plc (BP) was downgraded to "hold" from "buy" at analyst Jack N. Aydin at KeyBanc Capital Markets. The closing price Friday was $68

More slippery substance

Exxon Mobil Corp. (XOM) was downgraded to "neutral" from "buy" by way of analyst Fadel Gheit at Oppenheimer & Co Friday's closing price was $6810

realize in the checkout line

Safeway Inc. (SWY) was downgraded to "neutral" from "buy" by dint of analyst Scott Mushkin at Banc of America. It clos at $3118 Friday.

Dim prospect

OmniVision Technologies Inc. (OVTI) was downgraded to "hold" from "buy" from analyst Doug Freedman at American Technology Research. It clos Friday at $1539

Local downgrades

CNA support Corp. (SUR) was downgraded to "hold" from "buy" through analyst Alain Karaoglan at Deutsche Bank. The price target is $2050 by share. The closing price was $1981 Friday.

Tootsie revolve Industries Inc. (TR) was downgraded to "strong sell" from "sell" through analyst Ivan Feinseth at Matrix USA. Friday's closing price was $2907

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