Top Pre-Market Analyst Downgrades (ADCT, ALV, CAT, FORM, GMR, GIII, MIR, SNIC, TGT, TOPS, WM, ZMH)

Investing

Published: July 23, 2008 6:29 am

These are some of the top downgrades or negative analyst calls we are seeing this Wednesday morning in early pre-market hours:

ADC Telecom (ADCT) Cut to Neutral at Baird; Cut to Market Perform at FBR.
Autoliv (ALV) Cut to Hold at Deutsche Bank.
Caterpillar (CAT) Cut to Neutral at JPMorgan.
FormFactor (FORM) Cut to Perform at Oppenheimer.
General Maritime (GMR) Cut to Neutral at JPMorgan.
G-III Apparel Group (GIII) Cut to Market Weight at Thomas Weisel.
Mirant (MIR) Cut to Equal Weight at Lehman.
Sonic Solutions (SNIC) Cut to Neutral at JPMorgan.
Target Corp. (TGT) Cut to Neutral at Credit Suisse.
Top Ships (TOPS) Cut to Underweight at JPMorgan.
Washington Mutual (WM) Cut to Sell at Piper Jaffray.
Zimmer Holdings (ZMH) Cut to Neutral at Piper Jaffray.

Jon C. Ogg
July 23, 2008

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