Early Bird Analyst Downgrades (CEDC, IFX, OVTI, PALM, SNDA)

December 3, 2008 by Douglas A. McIntyre

Down_arrow_redThese are some of the early bird analyst downgrades and negative calls we have seen early this Wednesday morning:

  • Central European Distribution (CEDC) Cut to Neutral at JPMorgan.
  • Infineon (IFX) Cut to Sell at RBS.
  • OmniVision Tech (OVTI) Cut to Underperform at Baird.
  • Palm (PALM) Cut to Neutral at Merrill Lynch (late yesterday call).
  • Shanda Interactive (SNDA) targets cut at Citigroup and Credit Suisse.

Jon C. Ogg
December 3, 2008