Top Pre-Market Analyst Downgrades (ADP, T, BA, CTL, CMG, CTXS, COST, MCD, SWIR, TCB, TJX)

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These are some of the top pre-market analyst Downgrades and negative calls we are seeing this Thursday Morning:

  • Automatic Data Processing (ADP) Cut to Equal Weight at Morgan Stanley.
  • AT&T (T) Cut to Neutral at JPMorgan.
  • Boeing (BA) Cut to Neutral at Cowen & Co.
  • CenturyTel (CTL) Cut to Equal-Weight at Morgan Stanley.
  • Chipotle Mexican Grill (CMG) Cut to Hold at Jefferies.
  • Citrix Systems (CTXS) Cut to Neutral at Baird.
  • Costco Wholesale (COST) Cut to Neutral at JPMorgan.
  • McDonald’s (MCD) Cut to Hold at Deutsche bank.
  • Sierra Wireless (SWIR) Cut to Underperform at Jefferies and cut to Sector Perform at RBC.
  • TCF Financial (TCB) Cut to Underweight at Morgan Stanley
  • TJX Companies (TJX) Cut to Neutral at Credit Suisse.

Jon C. Ogg
July 24, 2008