Top Pre-Market Analyst Downgrades (MDRX, AAUK, EBAY, HNZ, SOLR, ITG, NVO, SI, SCR, PCU, STP, VISN)
January 14, 2009 by Douglas A. McIntyre
These are most of the general analyst calls we have seen with downgrades or negative implications this Wednesday morning in the early pre-market trading hours:
- Allscripts-Misys (NASDAQ: MDRX) Cut to Neutral at UBS.
- Anglo American (NASDAQ: AAUK) Cut to Hold at Citigroup.
- eBay (NASDAQ: EBAY) Started as Sell at Collins Stewart.
- HJ Heinz (NYSE: HNZ) Cut to Market Perform at Bernstein.
- GT Solar (NASDAQ: SOLR) Started as Buy at Kaufman Brothers.
- Investment Tech (NYSE: ITG) Cut to Sell at Goldman Sachs.
- Novo-Nordisk (NYSE: NVO) Cut to Sell at Citigroup.
- Siemens (NYSE: SI) Cut to Neutral at Merrill Lynch.
- Simcere Pharmaceutical Group. (NYSE: SCR) Cut to Neutral at Goldman Sachs.
- Southern Copper (NYSE: PCU) Cut to Sell at UBS.
- Suntech Power (NYSE: STP) Cut to Underperform at FBR.
- VisionChina Media (NASDAQ: VISN) Cut to Perform at Oppenheimer.
There were also many financial downgrades and some downgrades specific to the oil patch this morning as well. As you can see by the few upgrades noted earlier, the pace of downgrades is still greatly exceeding upgrades.
Jon C. Ogg
January 14, 2009
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.