Top Analyst Downgrades (BBY, KO, EBAY, GILD, IGT, MAC, SUN, TSO, VRTU)

Investing

Published: July 18, 2008 6:46 am

These are not all of the Downgrades or negative analyst calls seen this morning but these are some of the top calls seen this Friday morning:

Best Buy (NYSE: BBY) Cut to Outperform from Top Pick at RBC Capital.
Coca Cola (NYSE: KO) removed from Goldman Sachs Conviction Buy List.
EBay (NASDAQ: EBAY) Cut to Neutral from Buy at Goldman Sachs.
Gilead Sciences (NASDAQ: GILD) Cut to Hold from Buy at Jefferies.
International Game Technology (NYSE: IGT) Cut to Hold from Buy at Citigroup; Cut to Perform at Oppenheimer.
Macerich (NYSE: MAC) Cut To Neutral From Buy By Goldman Sachs
Sunoco (NYSE: SUN) and Tesoro (NYSE: TSO) Cut to Market Perform from Outperform at Bernstein.
Virtusa (NASDAQ: VRTU) Cut to Neutral from Overweight at JPMorgan.

Jon C. Ogg
July 18, 2008

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