There are surprisingly few analyst calls today, but these are some of the top calls we have seen as downgrades with more than two hours to the market open:

• Danaher (DHR) Cut to Hold at Deutsche Bank.
• Lehman Brothers (LEH) has been dropped from coverage by Morgan Stanley.
• Quality Systems (QSII) Cut to Neutral at Piper Jaffray.
• Sonic (SONC) Started as Neutral at Goldman Sachs.
• Sunpower (SPWR) Started as Sell at Societe Generale.

Jon C. Ogg
September 12, 2008