Friday's Upgrades / Downgrades

Late Thursday and early Friday analyst calls

UPGRADES

LSI Logic LSI Wedbush Morgan Sell » Hold
Omrix Biopharma OMRI Oppenheimer Neutral » Buy
Kinder Morgan Mgmt KMR Sanders Morris Harris Neutral » Buy
Kinder Morgan Prtnrs KMP Sanders Morris Harris Neutral » Buy
Deluxe DLX Longbow Sell » Neutral
Cincinnati Fincl CINF AG Edwards Hold » Buy
Automatic Data ADP AG Edwards Hold » Buy
Verint Systems VRNT Morgan Keegan Mkt Perform » Outperform
Emmis Comms EMMS Bear Stearns Underperform » Peer Perform
Novacea NOVC Bear Stearns Peer Perform » Outperform
Quebecor World IQW RBC Capital Mkts Underperform » Sector Perform
Frontier Oil FTO Caris & Company Average » Above Average
Occulogix OCCX Caris & Company Below Average » Average
Alon USA Energy ALJ Caris & Company Above Average » Buy
Forest Labs FRX FTN Midwest Sell » Neutral
Noven Pharma NOVN Oppenheimer Neutral » Buy
Transocean RIG Matrix Research Buy » Strong Buy


DOWNGRADES

Argon ST STST BB&T Capital Mkts Buy » Hold
Xenoport XNPT Lazard Capital Buy » Hold
Intermec IN Bear Stearns Peer Perform » Underperform
Amer States Water AWR AG Edwards Buy » Hold
California Water CWT AG Edwards Buy » Hold
Aqua America WTR AG Edwards Buy » Hold
Universal Display PANL Maxim Group Buy » Hold
Wrigley WWY Davenport Buy » Neutral
Geo Group GEO Avondale Partners Mkt Outperform » Mkt Perform
Citi Trends CTRN Avondale Partners Mkt Outperform » Mkt Perform
AmeriCredit ACF Friedman Billings Outperform » Mkt Perform