Many Monday Pre-Market Downgrades (CEG, FIS, FISV, DNA, KBW, NKE, PSO, SHW, SWIR, SWK, WERN, WIT)

Investing

Published: July 21, 2008 7:52 am

These are among the top analyst Downgrades or negative analyst calls affecting shares this Monday morning in pre-market trading:

Constellation Energy (NYSE: CEG) Downgraded to Underperform at Jefferies.
Fidelity National (NYSE: FIS) Cut to Perform at Oppenheimer.
Fiserv (NASDAQ: FISV) Cut to Perform at Oppenheimer.
Genentech (NYSE: DNA) Raised to Overweight at Lehman.
KBW (NYSE: KBW) Cut to Market Perform at FBR.
Nike (NYSE: NKE) Cut to Neutral at HSBC.
Pearson plc (NYSE: PSO) Cut to Sell at Deutsche Bank.
Satyam Computer Services (NYSE: SAY) Cut to Equal Weight at Morgan Stanley; Cut to Underperform at Credit Suisse.
Sherwin Williams (NYSE: SHW) Cut to Sell at Goldman Sachs.
Sierra Wireless (NASDAQ: SWIR) Target cut to $20 from $25 at CIBC.
Stanley Works (NYSE: SWK) Cut to Hold at Deutsche Bank.
Werner Enterprises (NASDAQ: WERN) Cut to Sell at UBS.
WIPRO (NYSE: WIT) Cut to Underperform at Credit Suisse.

Jon C. Ogg
July 21, 2008

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