Top Pre-Market Analyst Downgrades (STD, XOM, HOC, ICON, TROW, VLO)

These are some the top pre-market analyst downgrades we have seen with more than two hours until the open this Tuesday morning:

  • Banco Santander (STD) Cut to Sell at UBS.
  • Exxon Mobil (XOM) Cut to Neutral at Credit Suisse.
  • Holly (HOC) Cut to Neutral at Goldman Sachs.
  • Iconix Brand Group (ICON) Cut to Neutral at Piper Jaffray.
  • T. Rowe Price (TROW) Cut to Market Perform at Wachovia.
  • Valero Energy (VLO) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
November 3, 2008