Top Pre-Market Analyst Downgrades (ANF, ATVI, AA, CB, DELL, ERTS, FCX, MTL, STP)

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These are the top research downgrades and negative analyst calls we are seeing this Monday morning with more than two hours to the open:

  • Abercrombie & Fitch (ANF) Cut to Market Perform at FBR.
  • Activision Blizzard (ATVI) Cut to Neutral at Merrill Lynch.
  • Alcoa (AA) Cut to Neutral at UBS.
  • Chubb (CB) Cut to Equal Weight at Barclays.
  • Dell (DELL) Cut to Neutral at Merrill Lynch.
  • Electronic Arts (ERTS) Cut to Neutral at Merrill Lynch.
  • Freeport-McMoRan (FCX) Cut to Neutral at JPMorgan.
  • Mechel Steel (MTL) Cut to Sell at Citigroup.
  • Suntech Power (STP) Cut to Underweight at JPMorgan.

Jon C. Ogg
November 17, 2008