Top Analyst Downgrades (BKC, JNJ, LVLT, NETL)

These are the few top pre-market analyst downgrades or cautious research calls from Wall Street firms this Friday morning with about two hours until the market opens:

Burger King (BKC) Cut to Hold at Citigroup.
Johnson & Johnson (JNJ) Started as Neutral at Piper Jaffray.
Level 3 Communications (LVLT) Cut to Sell at UBS.
NetLogic (NETL) Started as Neutral at Baird and started as Hold at Roth.

JON C. OGG