Top Pre-Market Analyst Downgrades (AXL, AXP, COF, DRYS, EXPD, FII, F, LEA, SAP, TRW, VE, WAT)

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These are some of the top pre-market analyst downgrades and negative calls we are seeing this Friday morning:

  • American Axle (AXL) Cut to Sell at Deutsche Bank.
  • American Express (AXP) Started as Sell at Deutsche Bank.
  • Capital One (COF) Started as Sell at Deutsche Bank.
  • DryShips (DRYS) Cut to Underperform at Credit Suisse.
  • Expeditors International (EXPD) Cut to Sell at UBS.
  • Federated Investors (FII) Cut to Underweight at JPMorgan.
  • Ford (F) Cut to Sell at Deutsche Bank.
  • Lear (LEA) Cut to Sell at Deutsche Bank.
  • SAP AG (SAP) Cut to Hold at Jefferies.
  • TRW (TRW) Cut to Sell at Deutsche Bank.
  • Veolia (VE) Cut to Underweight at JPMorgan.
  • Waters (WAT) Downgraded at 3 firms: Baird, Deutsche Bank, & Leerink Swann.

Jon C. Ogg
December 12, 2008