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Bullish Calls for Southwest & Finish Line; Kraft Foods Downgraded

Southwest (LUV) and Finish Line (FINL) upgraded but downgrade for Kraft Foods (KRFT) in Thursday's Analysts' Actions.

Southwest (LUV) and Finish Line (FINL) upgraded but downgrade for Kraft Foods (KRFT) in Thursday's Analysts' Actions. Southwest was raised to NEUTRAL from UNDERWEIGHT at JPMorgan. The price target increased to $42 from $29.50. The analysts there say the airline will benefit from upward trends in the U.S. airline industry. Kraft Foods (KFT) had its rating cut to NEUTRAL from OUTPERFORM at Credit Suisse. The firm cut its price target for the stock to $58 from $63. The downgrade stems from the analysts' views that the food and beverage company is unable to sustain meaningful growth. An upgrade for Finish Line at Piper Jaffray to OVERWEIGHT from NEUTRAL with a price target bump to $31 from $28 a share. That's about a 20% upside potential from the previous close. The firm said it was a valuation call but still believes that the retailer can post earnings growth over the next two years in the mid-teens.

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