Friday's Upgrades and Downgrades

Has anyone else noticed the downgrade list far outnumbers the upgrades list recently?

UPGRADES

Occulogix OCCX Caris & Company Average » Above Average
BRE Properties BRE Credit Suisse Neutral » Outperform $50 » $65
Pharmacopeia PCOP CIBC Wrld Mkts Sector Perform » Sector Outperform
Norfolk Southern NSC Lehman Brothers Underweight » Equal-weight
Celestica CLS JP Morgan Underweight » Neutral
SL Green Rlty SLG Stifel Nicolaus Hold » Buy


DOWNGRADES

Saul Centers BFS Ferris Baker Watts Buy » Neutral
United Tech UTX KeyBanc Capital Mkts Buy » Hold
Robbins & Myers RBN KeyBanc Capital Mkts Aggressive Buy » Hold
Regal-Beloit RBC KeyBanc Capital Mkts Aggressive Buy » Buy
Goodman Global GGL KeyBanc Capital Mkts Aggressive Buy » Hold
Mission West MSW Stifel Nicolaus Buy » Hold
Altair Nanotechnologies ALTI Merriman Curhan Ford Buy » Neutral
Edge Petroleum EPEX BMO Capital Markets Market Perform » Underperform
Molson Coors Brewing TAP UBS Buy » Neutral
Perini PCR Morgan Joseph Buy » Hold
Corel CREL CIBC Wrld Mkts Sector Outperform » Sector Perform $18.50 » $16
Expeditors Intl EXPD UBS Buy » Neutral
SanDisk SNDK Oppenheimer Buy » Neutral
Abbott Labs ABT Wachovia Outperform » Mkt Perform
CSX Corp CSX Lehman Brothers Equal-weight » Underweight
Burl Nrth Santa Fe BNI Lehman Brothers Overweight » Equal-weight
Xyratex XRTX Citigroup Buy » Hold
AXA AXA Deutsche Securities Buy » Hold
TTM Tech TTMI JP Morgan Overweight » Neutral
ValueClick VCLK Citigroup Buy » Hold
Nuance Communications NUAN Citigroup Buy » Hold
NASDAQ NDAQ Piper Jaffray Outperform » Market Perform
FirstFed Financial FED Friedman Billings Outperform » Mkt Perform

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