Investing

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

Burning_money_picIt 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:

Jon C. Ogg
January 5, 2009

Take Charge of Your Retirement: Find the Right Financial Advisor For You in Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding professional guidance—and we’ve made it easier than ever for you to connect with the right financial advisor for your unique needs.

Here’s how it works: 

1️ Answer a Few Simple Questions

Tell us a bit about your goals and preferences—it only takes a few minutes!

2️ Get Your Top Advisor Matches

This tool matches you with qualified advisors who specialize in helping people like you achieve financial success.

3️ Choose Your Best Fit

Review their profiles, schedule an introductory meeting, and select the advisor who feels right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.