revs lower Secondaries (announced/priced): ACHN, IVR, PSEC, FSC IPO's: N/A Key Research: GS cautious on MU, RBC upgrades ARE/BXP/DRE & downgrades BDN/PDM, Wunderlich upgrades SPWRA Key Research: DB upgrades BIIB (buy), KBW downgrades PNC & initiates WY (op), Piper upgrades WSO Key Research: JPM ini