These are some of the top upgrades and positive research calls we have seen from Wall Street analysts this Friday morning:

• BB&T (BBT) Raised to Market Perform at KBW.
• Expeditors International (EXPD) Raised to Neutral from Sell at UBS.
• Fluor (FLR) Started as Buy at Jefferies.
• Jacobs Engineering (JEC) Started as Buy at Jefferies.
• J. Crew (JCG) Raised to Equal Weight at Barclays.
• Nokia (NOK) Raised to Hold from Sell at Societe Gednerale.
• Sigma-Aldrich (SIAL) Raised to Neutral from Sell at Goldman Sachs.
• Virgin Media (VMED) Raised to Overweight at JPMorgan.

Jon C. Ogg
January 23, 2009