Pre-Market Analyst Downgrade/Negative Calls (AAPL, BK, BUCY, CCRT, EGO, JOYG, NOK, PALM, SAY)

These are some of the top pre-market analyst downgrades or cautious calls seen from Wall Street early this Thursday morning with more than two hours to the open:

• Apple (NASDAQ: AAPL) Started as Hold at Canaccord.
• Bank of NY Mellon (NYSE: BK) Cut to Market Perform at KBW.
• Bucyrus International (NASDAQ: BUCY) Cut to Underweight at JPMorgan.
• CompuCredit (NASDAQ: CCRT) Cut to Market Perform at KBW.
• Eldorado Gold (NYSE: EGO) Cut to Outperform from Strong Buy at Raymond James.
• Joy Global (NASDAQ: JOYG) Cut to Underweight at JPMorgan.
• Nokia (NYSE: NOK) Started as Sell at Canaccord.
• Palm (NASDAQ: PALM) Started as Sell at Canaccord.
• Satyam Computer (NYSE: SAY) Cut to Sell at Goldman Sachs; Cut to Underweight at Morgan Stanley.

Jon C. Ogg
December 18, 2008

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