Top Pre-Market Analyst Downgrades (AMLN, BIIB, CIEN, XOM, GFA, MXIM, BTU, SLT, SPWRA)

Burning_money_picThese are some of the top pre-market downgrades and cautious calls we have seen from Wall Street analysts this Wednesday morning:

  • Amylin Pharmaceuticals (AMLN) Cut to Sell at Canaccord Adams.
  • Biogen Idec (BIIB) Started as Sell at Brean Murray.
  • Ciena (CIEN) Cut to Underperform at Credit Suisse.
  • Exxon Mobil (XOM) Cut to Neutral at UBS.
  • Gafisa (GFA) Cut to Neutral at UBS.
  • Maxim Integrated (MXIM) Cut to Equal Weight at Barclays.
  • Peabody Energy (BTU) Cut to Market Perform at FBR.
  • Sterlite Industries (SLT) Cut to Sell at Citigroup.
  • Sunpower (SPWRA) Cut to Accumulate at ThinkEquity.

Jon C. Ogg
January 28, 2009