Top Pre-Market Analyst Downgrades (BAC, BBBY, BHP, C, CNH, LECO, SNY, USB)

These are some of the top pre-market analyst downgrades and negative calls from Wall Street we have seen early this Monday morning with more than two and a half hours to the market open:

• Bank of America (BAC) Cut to Neutral at Goldman Sachs.
• Bed Bath & Beyond (BBBY) Cut to Underweight at JPMorgan.
• BHP Billiton (BHP) Cut to Hold at Citigroup.
• Citigroup (C) remains a Sell at Goldman Sachs.
• CNH Global (CNH) Cut to Underweight at JPMorgan.
• Lincoln Electric (LECO) Cut to Sell at Piper Jaffray.
• Sanofi-Aventis (SNY) Started As Underperform at at Jefferies.
• USBancorp (USB) Cut to Sell at Goldman Sachs.

Jon C. Ogg
January 26, 2009