Top Pre-Market Analyst Downgrades (ACAS, BSX, CMVT, FSS, HPY, MRT, NENG, OTEX, RRI, RUTH)
October 1, 2008 by Douglas A. McIntyreThese are some of the downgrades and cautious analyst calls we are seeing this Wednesday morning:
- American Capital (ACAS) Cut To Underweight from Neutral By JP Morgan.
- Boston Scientific (BSX) Cut to Underperform at Merrill Lynch.
- Comverse Tech (CMVT) Cut to Sell at Canaccord.
- Federal Signal Corp. (FSS) Cut to Sell at Goldman Sachs.
- Heartland Payment Systems (HPY) Cut to Underweight at JPMorgan.
- Morton’s Restaurant (MRT) Cut to Market Perform at Wachovia.
- Network Engines (NENG) Cut Hold at Cantor Fitzgerald.
- Open Text (OTEX) Cut to Hold at Canaccord.
- Reliant Energy (RRI) Cut to Neutral at Credit Suisse.
- Ruth’s Hospitality (RUTH) Cut to Market Perform at Wachovia.
Jon C. Ogg
October 1, 2008
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