Top Pre-Market Analyst Downgrades (AINV, BHI, CNI, RDEN, KSU, PALM, RL, RRGB, SII, TER)

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These are some of the top pre-market analyst downgrades on Wall Street this Tuesday morning:

  • Apollo Investment (AINV) Cut to Neutral at JPMorgan.
  • Baker Hughes (BHI) Cut to Underweight at Morgan Stanley.
  • Canadian National Railway (CNI) Cut to Neutral at Goldman Sachs.
  • Elizabeth Arden, Inc. (RDEN) Cut to Market Perform at Wachovia.
  • Kansas City Southern (KSU) Cut to Neutral at JPMorgan.
  • Palm (PALM) Cut to Neutral at JPMorgan.
  • Polo Ralph Lauren (RL) Cut to Sell at Goldman Sachs.
  • Red Robin Gourmet (RRGB) Cut to Equal Weight at Morgan Stanley.
  • Smith International (SII) Cut to Equal Weight at Morgan Stanley.
  • Teradyne (TER) Cut to Perform at Oppenheimer.

Jon C. Ogg
January 20, 2009

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