Top Pre-Market Analyst Downgrades (ALU, BRLI, GPS, GD, PCK, PSO, PAS, PTR, PKX, RTP, COL, WXS)

The rate of downgrades versus upgrades is still coming out with a much more negative bias from Wall Street.  These are some of the downgrades and negative research calls we have seen from Wall Street analysts this Friday morning:

• Alcatel-Lucent (NYSE: ALU) Cut to Equal Weight at Morgan Stanley.
• Bio-Reference Labs (NASDAQ: BRLI) Cut to Perform at Oppenheimer.
• Gap Inc. (NYSE: GPS) Cut to Hold at Citigroup.
• General Dynamics (NYSE: GD) Cut to Neutral at Goldman Sachs.
• Patriot Coal (NYSE: PCX) Started as Sell at Citigroup.
• Pearson (NYSE: PSO) Cut to Sell at Goldman Sachs.
• PepsiAmericas (PAS) Cut to Sell at Goldman Sachs.
• PetroChina (NYSE: PTR) Cut to Neutral at JPMorgan.
• Posco (NYSE: PKX) Cut to Neutral at Goldman Sachs.
• Rio Tinto (NYSE: RTP) Cut to Hold at Deutsche Bank.
• Rockwell Collins (NYSE: COL) Cut to Sell at Goldman Sachs.
• Wright Express Corp. (NYSE: WXS) Cut to Neutral at JPMorgan.

Jon C. Ogg
January 9, 2009

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.