Top Pre-Market Analyst Downgrades (ADLR, MDRX, CRDN, CAG, IFF, MFE, TWX, VRTX, VOD, WWWW)

These are some of the top analyst downgrades and negative calls we are seeing this Wednesday morning:

• Adolor (ADLR) Cut to Neutral at Piper Jaffray.
• Allscripts (MDRX) Cut to Neutral at Piper Jaffray.
• Ceradyne (CRDN) Cut to Underperform at Wachovia.
• ConAgra (CAG) Cut to Neutral at JPMorgan.
• International Flavors (IFF) Started as Underweight at Lehman.
• McAfee (MFE) Cut to Underperform at FBR.
• Time Warner Inc. (TWX) Cut to Market Perform at Bernstein.
• Vertex (VRTX) Cut to Perform at Oppenheimer.
• Vodafone plc (VOD) Cut to Neutral at Credit Suisse.
• Web.com (WWWW) Cut to Market Perform at FBR.

Jon C. Ogg
September 3, 2008