Investing

Top Pre-Market Analyst Downgrades (AIG, ASMI, T, KMB, MOT, NRGN, WB, WMI, WOR)

These are some of the top downgrades or negative analyst calls we have seen this Tuesday morning in early pre-market trading hours:

  • AIG (NYSE: AIG) Cut to Market Perform from Outperform at Wachovia.
  • ASMI International (NASDAQ: ASMI) Started as Underperform at Jefferies.
  • AT&T (NYSE: T) maintained Buy but Removed from Conviction Buy List at Goldman Sachs.
  • Kimberly-Clark (NYSE: KMB) Cut to Market Perform from Outperform at Wachovia.
  • Motorola (NYSE: MOT) Started as Sell at Societe Generale.
  • Neurogen (NASDAQ: NRGN) Cut to Neutral from Buy at Pacific Growth.
  • Wachovia (NYSE: WB) Cut to Underperform from Perform at Oppenheimer.
  • Waste Management (NYSE: WMI) maintained Buy but removed from Conviction Buy List at Goldman Sachs.
  • Worthington Industries (NYSE: WOR) Added to Goldman Sachs Conviction Sell List.

Jon C. Ogg
July 15, 2008