Top Pre-Market Analyst Downgrades (BPT, BSY, DELL, ETR, HTE, IFX, NVLS, PM, POWI, SBR, TXT, THQI)

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By Douglas A. McIntyre Updated Published

Burning_money_picThese are some of the top downgrades and negative calls we are seeing from Wall Street analysts this Thursday morning:

  • BP Prudhoe Bay Royalty (BPT) Cut to Sell at Citigroup.
  • British Sky Broadcast (BSY) Cut to Neutral at UBS.
  • DELL (DELL) Cut to Underweight at JPMorgan.
  • Entergy (ETR) Cut to Neutral at JPMorgan.
  • Harvest Energy Trust (HTE) Cut to Sell at Citigroup.
  • Infineon (IFX) Cut to Underweight at JPMorgan.
  • Novellus Systems (NVLS) Cut to Neutral at Bank of America-Merrill Lynch.
  • Philip Morris International (PM) Cut to Neutral at Credit Suisse.
  • Power Integrations (POWI) Cut to Neutral at Piper Jaffray.
  • Sabine Royalty Trust (SBR) Cut to Sell at Citigroup.
  • Textron (TXT) Cut to Neutral at JPMorgan.
  • THQ Inc. (THQI) Cut to Neutral at Piper Jaffray.

Jon C. Ogg
February 5, 2009

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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