Top Pre-Market Analyst Downgrades (AA, AZ, ACAS, CAR, CMA, HTZ, KFN, SGMO, TM)
November 11, 2008 by Douglas A. McIntyre
These are the top early bird analyst downgrades we are seeing with more than two hours to the open on this Tuesday morning:
- Alcoa (NYSE: AA) Cut to Market Perform at FBR.
- Allianz (NYSE: AZ) Cut to Hold from buy at Citigroup.
- American Capital (NASDAQ: ACAS) Cut to Market Perform at William Blair; Cut to Hold at BB&T.
- Avis Budget (NYSE: CAR) Cut to Underweight at Barclays.
- Comerica (NYSE: CMA) Cut to Hold at Deutsche Bank.
- Hertz (NYSE: HTZ) Cut to Equal Weight at Barclays.
- KKR Financial (NYSE: KFN) Cut to Sell at Citigroup.
- Sangamo Biosciences (NASDAQ: SGMO) Cut to Neutral at Merriman Curhan Ford; Cut to Sell at Piper Jaffray.
- Toyota (NYSE: TM) Cut to Underweight at HSBC.
Jon C. Ogg
November 11, 2008
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