Investing

Top 10 Pre-Market Analyst Downgrades (ACE, DRIV, EIG, PAC, INTU, NOK, NCX, OMX, VMW)

There are many research calls out this morning. Here are ten downgrades or negative analyst calls we are monitoring this morning:

  • ACE Ltd. (NYSE: ACE) Cut To Hold From Buy By Citigroup.
  • Digital River (NASDAQ: DRIV) Downgraded to Sell from Neutral at Goldman Sachs.
  • Employers Holdings (NYSE: EIG) Downgraded to Market Perform at KBW.
  • Grupo Aeroportuario del Pacifico (NYSE: PAC) Downgraded to Sell at Citigroup.
  • Intuit (NASDAQ: INTU) Downgraded to Sell from Neutral at Goldman Sachs.
  • Nokia (NYSE: NOK) lowered price target but maintained Buy at Merrill Lynch.
  • NOVA Chemicals (NYSE: NCX) Downgraded to Sell at Citigroup.
  • OfficeMax (NYSE: OMX) Downgraded to Neutral from Buy at Piper Jaffray.
  • VMware (NYSE: VMW) Downgraded to Hold at Jefferies (may be yesterday afternoon call).

Jon C. Ogg
July 9, 2008

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