Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Wynn (WYNN) Resorts downgraded to Neutral from Overweight at JPMorgan with analyst Joseph Greff saying the shares look fairly valued following the year-to-date rally. 2. Eaton (ETN) downgraded to Neutral from Buy at BofA/Merrill with analyst Andrew Obin citing valuation and balanced risk/reward. 3. Lionsgate (LGF) downgraded to Market Perform from Outperform at Bernstein with the firm saying it thinks that the Starz (STRZA) acquisition exposes Lionsgate to the portion of the entertainment market that "is in structural decline." 4. Genuine Parts (GPC) downgraded to Hold from Buy at Gabelli with analyst Brian Sponheime citing recent price appreciation. 5. Brocade (BRCD) downgraded to Underperform from Neutral at Baird. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.