Top Analyst Downgrades (ARB, DB, ETFC, FPL, HXL, M, SFD, UA, ZUMZ)

Investing

Published: April 29, 2009 6:55 am

These are most of the top early bird pre-market downgrades and negative research calls we have seen from Wall Street analysts this Wednesday morning:

Arbitron (ARB) Cut to Neutral at JPMorgan.
Deutsche Bank (DB) Cut to Underperform at Credit Suisse.
E*TRADE (ETFC) Cut to Underperform at FBR.
FPL Group (FPL) Cut to Hold at KeyBanc.
Hexcel (HXL) Cut to Hold at Deutsche Bank.
Macy’s (M) Cut to Neutral at JPMorgan.
Smithfield Foods (SFD) Cut to Underweight at Barclays.
Under Armour (UA) Cut to Sell at Wedbush Morgan.
Zumiez (ZUMZ) Cut to Sell at UBS.

JON C. OGG

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