Investing

Top Analyst Downgrades (AMAT, CSCO, ELX, TUES, UHS)

These are some of the downgrades or more cautious calls from Wall Street analysts this Friday morning:

  • Applied Materials (NASDAQ: AMAT) Cut to Hold from Buy at Citigroup.
  • Cisco Systems (NASDAQ: CSCO) Removed From Goldman Sachs Conviction Buy List, although the rating was maintained as Buy.
  • Emulex (NYSE: ELX) Cut to Hold from Buy at Needham; cut to Neutral from Outperform at Baird.
  • Tuesday Morning (NASDAQ: TUES) Cut to Sell from Hold at Deutsche Bank.
  • Universal Health (NYSE: UHS) Cut to Sell from Neutral at Goldman Sachs.

Jon C. Ogg
July 11, 2008

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