MOST NOTEWORTHY:

• Baird upgraded shares of Strattec Security Corp (NASDAQ: STRT) to Neutral from Underperform following its Q3 report.

• Shares of Palm, Inc (NASDAQ: PALM) were raised to Equal Weight from Underweight at Lehman Bros.

• Banc of America upgraded Netflix Inc (NASDAQ: NFLX) to Neutral from Sell based on valuation.

• J.C. Penney Co Inc (NYSE: JCP) was raised to Strong Buy from Accumulate with a $105 target at Buckingham, citing strategic merchandise, flow and cycle-timing initiatives.

• Wachovia believes that as the lodging cycle matures, Marriott International's (NYSE: MAR) diversified fee-based, unit-driven model will outperform relative to pure hotel-owned companies, and upgraded shares to Outperform from Market Perform.

• Goldman Sachs upgraded CNOOC Ltd (NYSE: CEO) to Buy from Neutral.

• JMP Securities raised Packeteer, Inc's (NASDAQ: PKTR) rating to Market Perform from Underperform.

• Oppenheimer upgraded Playtex Products, Inc (NYSE: PYX) to Buy from Neutral on its acquisition of Tiki Hut, strong fundamentals and realistic investor expectations.

• JP Morgan upgraded shares of American Standard Cos Inc (NYSE: ASD) to Overweight from Neutral.

• Matrix USA raised the rating of Hecla Mining Co (NYSE: HL) to Hold from Sell.

• Shares of VCA Antech, Inc (NASDAQ: WOOF) were upgraded to Outperform from Market Perform at Morgan Keegan.

Analyst upgrades 4-20-07: JCP, MAR, NFLX and PALM all upgraded today originally appeared on BloggingStocks on Fri, 20 Apr 2007 11:22:00 EST. Please see our terms for use of feeds.