Friday's Analysts' Upgrades and Downgrades

Change in Ratings

Credit Suisse said it is downgrading BJ Services(BJS Quote) to Neutral from Outperform based on valuation and uncertainty related to North American spending trends. Lowered target price to $37 from $56.

Goldman said it is downgrading Continental Airlines(CAL Quote) to Sell from Neutral based on slowing revenue, margin and earnings momentum. See valuation as stretched given weak fundamentals and less potential for oil-induced lift. Price target at $37.

Crown Castle(CCI Quote) rating reinstated at Neutral, Goldman said. See favorable industry backdrop and upside ahead, but prefer AMT in the sector. Price target at $43. ...