Top Pre-Market Analyst Downgrades (ACGY, BMRN, CTCM, DENN, XOM, LF, OXY)

These are some of the top early bird Analyst Downgrades seen from Wall Street analysts this Thursday morning:

• Acergy (ACGY) Cut to Sell at Citigroup.
• BioMarin Pharmaceutical (BMRN) downgraded at Citigroup, Collins Stewart, and Wachovia.
• CTC Media (CTCM) Cut To Market Weight from Overweight at Thomas Weisel.
• Denny’s (DENN) Cut to Neutral at Merriman Curhan Ford.
• Exxon Mobil (XOM) Cut to Market Perform at Bernstein; Cut to Equal Weight at Barclays.
• LeapFrog (LF) Cut to Neutral at Piper Jaffray.
• Occidental Petroleum (OXY) Cut to Underperform at Bernstein.

Jon C. Ogg
February 19, 2009

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