[ BULLS&BEARS ]

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

On the mend

Aetna Inc. (AET) was raised to "outperform" from "market perform"by analyst Edmund E. Kroll Jr. at SG Cowen. It closed Friday at$48.42.

Banking on it

* Southwest Bancorp (OKSB) was raised to "outperform" from"neutral" by analyst Brett Rabatin at FTN Financial Securities. Theprice target range is $27-$28. It closed Friday at $23.50.

* Republic Bancshares (REPB) was raised to "outperform" from"neutral" by analyst Jeff Davis at FTN Financial Securities. The 12-month price target is $24. It closed Friday at $20.75.

Snoozin' to wealth

La-Z-Boy Inc. (LZB) was rated new "buy" in new coverage by analystTodd A. Schwartzman at Sidoti & Co. The 12-month price target is $25.Friday close: $18.07.

The Bright One

Hollinger International (HLR), parent company of the Chicago Sun-Times, was rated "buy" in new coverage by analyst Jan H. Loeb atJefferies & Co. The 12- to 18-month price target is $13.50. The stockclosed Friday at $9.25.

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

Static on the line

SBC Communications (SBC) was downgraded to "underperform" from"sector perform" by analyst Richard E. Talbot at RBC Capital Markets.The price target is $22. It closed Friday at $22.12.

Bitter brew

Starbucks Corp. (SBUX) was downgraded to "in-line" from"outperform" by analyst Mark Kalinowski at Smith Barney. The pricetarget was cut to $26. Friday close: $23.47.

Local downgrades

Sara Lee Corp. (SLE), which closed Friday at $16.96, wasdowngraded to:

* "Hold" from "buy" by analyst John M. McMillin at PrudentialSecurities. The price target was cut to $20.

* "In-line" from "outperform" by analyst Romitha Mally at Goldman,Sachs & Co.

* "Neutral" from "buy" by analyst William Leach at Banc ofAmerica. The 12-month price target is $18.

Cabot Microelectronics (CMP) was downgraded to "neutral" from"buy" by Fahnestock & Co. It closed Friday at $42.68.

* BorgWarner (BWA) was downgraded to "neutral 2" from "buy 2" byanalyst Robert Hinchliffe at UBS Warburg. It closed Friday at $57.07.