Top Pre-Market Analyst Downgrades (AZO, CX, FNM, ISIL, MHK, NVDA, PETM, POR, TSCO, UST)

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These are some of the larger impact calls from analysts with downgrades or negative calls we are seeing this Monday morning with more than two hours to the open:

  • AutoZone (AZO) Cut to Neutral at Goldman Sachs.
  • Cemex (CX) Cut to Hold at Deutsche Bank.
  • Fannie Mae (FNM) and Freddie Mac (FRE) Cut to Sell from Buy at Citigroup.
  • Intersil (ISIL) Cut to Neutral at UBS.
  • Mohawk Industries (MHK) Cut to Underweight at JPMorgan.
  • NVIDIA (NVDA) Cut to Sell at UBS.
  • PetSmart (PETM) Cut to Neutral at Goldman Sachs.
  • Portland General Electric (POR) Cut to Neutral at Goldman Sachs.
  • Tractor Supply (TSCO) Cut to Neutral at UBS.
  • UST (UST) Cut to Neutral at UBS.

Jon C. Ogg
September 8, 2008