Top Pre-Market Analyst Downgrades (BIIB, CBEY, EHTH, NT, OSK, PAET, RYAAY, SVNT)

These are some of the key analyst downgrades and negative analyst calls we have seen early this Monday morning with over 2 hours to open:

• Biogen Idec (BIIB) Cut to Sell at Banc of America.
• Cbeyond Communications (CBEY) Cut to Sell at Citigroup.
• EHealth (EHTH) Cut to Market Perform at JMP Securities.
• Nortel (NT) Cut to Hold at Jefferies.
• Oshkosh (OSK) Cut to Neutral at Credit Suisse.
• PAETEC (PAET) Cut to Market Perform at Wachovia; Cut to Sell at Citigroup..
• Ryanair (RYAAY) Cut to Underperform at Credit Suisse.
• Savient Pharma (SVNT) Cut to Hold at Jefferies.

Jon C. Ogg
August 4, 2008