Top Pre-Market Analyst Downgrades (AEP, CLNE, HTZ, IHG, QLGC, SPWR, SYMM, VAR)

These are not all of the analyst downgrades or negative calls, but these are some of the calls we are seeing with a possible impact on shares early Monday morning:

• American Electric Power (AEP) Cut to Neutral at JPMorgan.
• Clean Energy Fuels (CLNE) Cut to Buy from Strong buy at Broadpoint.
• Hertz Global (HTZ) Cut to Neutral at JPMorgan.
• Intercontinental Hotels Group (IHG) Cut to Neutral at UBS.
• QLogic (QLGC) Cut to Hold at Citigroup.
• SunPower (SPWR) Cut to Neutral at UBS.
• Symmetricom (SYMM) Cut to Market Perform at Morgan Keegan.
• Varian Medical (VAR) Cut to Hold at Citigroup.

Jon C. Ogg
August 11, 2008