Second Round Analyst Downgrades (AINV, T, GSIC, MFE, NVLS, SNH, TSO, TXRH, VZ)

Investing

Published: January 5, 2009 9:24 am

Last Updated: April 28, 2020 4:35 am

Burning_money_pic It seems that the early bird analyst calls did not capture the notion that analysts are starting 2009 with more opportunities to downgrade stocks. Here are some additional pre-market analyst downgrades from Wall Street this Monday morning:

Apollo Investment Corporation (NASDAQ: AINV) Cut to Sell at Stifel Nicolaus; shares are down over 5% on the call.
AT&T (NYSE: T) Cut to Market Perform at Bernstein; shares down over 2%.
GSI Commerce (NASDAQ: GSIC) Cut to Hold at Stifel Nicolaus.
McAfee (NYSE: MFE) Cut to Neutral at Credit Suisse.
Novellus (NASDAQ: NVLS) Cut to Underperform at Credit Suisse.
Senior Housing (NYSE: SNH) Cut to Neutral at UBS; shares indicated down 2%.
Tessoro (NYSE: TSO) Cut to Sell at Soleil.
Texas Roadhouse (NASDAQ: TXRH) Cut to Neutral at Credit Suisse.
Verizon Communications (NYSE: VZ) Cut to Underperform at Bernstein; shares down almost 3%.

Here are the top 10 pre-market analyst upgrades and downgrades:

ALTR, AMZN, BCE, BIIB, LEAP, PDLI, CLUB, VAR, AUY

Jon C. Ogg
January 5, 2009

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