Top Pre-Market Analyst Downgrades (KELYA, KLAC, LRCX, MRVL, PNY, RHI, SNDA, XLNX)

Investing

Published: September 4, 2008 6:26 am

These are the top downgrades and negative analyst calls we are seeing this Thursday morning:

Kelly Services (KELYA) Cut to Sell at Citigroup.
KLA-Tencor (KLAC) Cut to Equal-weight at Morgan Stanley.
Lam Research (LRCX) Cut to Underweight at Morgan Stanley.
Marvell Technology (MRVL) Started as Neutral at Credit Suisse.
Piedmont Natural Gas (PNY) Cut to Neutral at Baird.
Robert Half (RHI) Cut to Sell at Citigroup.
Shanda Interactive (SNDA) has seen estimate and targets cut by Citigroup, JPMorgan, and Goldman Sachs.
Xilinx (XLNX) Started as Neutral at Credit Suisse.

Jon C. Ogg
September 4, 2008

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