Top Analyst Downgrades (AMAT, CSCO, ELX, TUES, UHS)
These are some of the downgrades or more cautious calls from Wall Street analysts this Friday morning: Applied Materials (NASDAQ: AMAT) Cut to Hold from Buy at Citigroup. Cisco Systems (NASDAQ: CSCO) Removed From Goldman Sachs Conviction Buy List, although…
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These are some of the downgrades or more cautious calls from Wall Street analysts this Friday morning:
- Applied Materials (NASDAQ: AMAT) Cut to Hold from Buy at Citigroup.
- Cisco Systems (NASDAQ: CSCO) Removed From Goldman Sachs Conviction Buy List, although the rating was maintained as Buy.
- Emulex (NYSE: ELX) Cut to Hold from Buy at Needham; cut to Neutral from Outperform at Baird.
- Tuesday Morning (NASDAQ: TUES) Cut to Sell from Hold at Deutsche Bank.
- Universal Health (NYSE: UHS) Cut to Sell from Neutral at Goldman Sachs.
Jon C. Ogg
July 11, 2008
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.