Top Analyst Downgrades (ABB, MT, BDK, BWA, GR, KR, MHS, SNDA)

These are this Thursday morning’s top pre-market analyst downgrades and cautious research calls from Wall Street firms:

ABB (ABB) Cut to Hold at Deutsche Bank.
ArcelorMittal (MT) Cut to Hold at Societe Generale,
Black & Decker (BDK) Cut to Neutral at UBS.
Borg Warner (BWA) Cut to Neutral at KeyBanc.
Goodrich (GR) Cut to Buy from Conviction Buy List at Goldman Sachs.
Kroger (KR) Cut to Equal Weight at Morgan Stanley.
Medco Health (MHS) Cut to Neutral at Goldman Sachs.
Shanda (SNDA) Cut to Sell at Deutsche Bank.