Early Bird Analyst Downgrades (BBT, CB, TRAK, FFIV, HTZ, JNPR, NYB, NYX, SVVS, PCU)

These are some of the analyst downgrades and negative calls coming from Wall Street this Wednesday morning:

• BB&T (BBT) Cut to Underperform at FBR.
• Chubb (CB) Cut to Underweight at JPMorgan.
• DealerTrack (TRAK) Cut To Hold at Deutsche Bank.
• F5 Networks (FFIV) Cut to Underperform at Merrill Lynch.
• Hertz (HTZ) Cut to Neutral at Goldman Sachs.
• Juniper Networks (JNPR) Cut to Underperform at Merrill Lynch.
• New York Community Bancorp (NYB) Cut to Underperform at FBR.
• NYSE Euronext (NYX) Cut to Neutral at Goldman Sachs.
• SAVVIS (SVVS) Cut to Hold at Jefferies.
• Southern Copper (PCU) Cut to Underperform at Merrill Lynch.

Jon C. Ogg
September 24, 2008