Top Pre-Market Analyst Downgrades (AFFX, CLNE, MER, NTRS, SPLS, TU)

These are some of the top downgrades or cautious calls we are seeing from analysts this Friday morning:

  • Affymetrix (AFFX) Started as Underweight at Morgan Stanley.
  • Clean Energy (CLNE) Cut to Underperform at National Bank.
  • Merrill Lynch (MER) Cut to Sell at Goldman Sachs.
  • Northern Trust (NTRS) Cut to Sell at Sandler O’Neill.
  • Staples (SPLS) Started as Underperform at FBR.
  • Telus Corp. (TU) Cut to Neutral at UBS.

Jon C. Ogg
September 5, 2008