Top Pre-Market Analyst Downgrades (AINV, BHI, CNI, RDEN, KSU, PALM, RL, RRGB, SII, TER)

These are some of the top pre-market analyst downgrades on Wall Street this Tuesday morning:

• Apollo Investment (AINV) Cut to Neutral at JPMorgan.
• Baker Hughes (BHI) Cut to Underweight at Morgan Stanley.
• Canadian National Railway (CNI) Cut to Neutral at Goldman Sachs.
• Elizabeth Arden, Inc. (RDEN) Cut to Market Perform at Wachovia.
• Kansas City Southern (KSU) Cut to Neutral at JPMorgan.
• Palm (PALM) Cut to Neutral at JPMorgan.
• Polo Ralph Lauren (RL) Cut to Sell at Goldman Sachs.
• Red Robin Gourmet (RRGB) Cut to Equal Weight at Morgan Stanley.
• Smith International (SII) Cut to Equal Weight at Morgan Stanley.
• Teradyne (TER) Cut to Perform at Oppenheimer.

Jon C. Ogg
January 20, 2009

 

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