These aren’t all of the downgrades or negative analyst calls we have seen this Wednesday, but these are some of the impact analyst calls we are seeing:
- ADC Telecommunications (NASDAQ: ADCT) Cut to Neutral from Outperform at Credit Suisse.
- Adtran (NASDAQ: ADTN) Cut to Underperform from Neutral at Credit Suisse.
- Chicago Bridge & Iron (NYSE: CBI) Cut to Neutral at JPMorgan.
- Ciena (NASDAQ: CIEN) Cut to Underperform from Outperform at Credit Suisse.
- Cisco Systems (NASDAQ: CSCO) Cut to Neutral from Outperform at Credit Suisse.
- Grupo Aeroportuario (NYSE: PAC) Cut to Sell from Neutral at Goldman Sachs.
- Orion Energy Systems (NASDAQ: OESX) Cut to Market Weight at Thomas Weisel.
- SAIC (NYSE: SAI) Cut to Neutral from Outperform at Cowen.
- TW Telecom (NASDAQ: TWTC) Cut to Underweight from Overweight at JPMorgan.
- US Bancorp (NYSE: USB) Cut to Sell from Hold at Deutsche Bank.
- Veraz Networks (NASDAQ: VRAZ) Cut to Underperform from Hold at Jefferies.
Jon C. Ogg
July 16, 2008