Top Pre-Market Analyst Downgrades (ABX, COGT, GMR, GG, NEM, NAT, PRU, UBS, X, WOR)

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These are some of the top pre-market analyst downgrades we have seen early this Monday morning:

  • Barrick (ABX) Cut to Neutral at UBS.
  • Cogent (COGT) Cut to Neutral at JPMorgan.
  • General Maritime (GMR) Cut to Neutral at JPMorgan.
  • Goldcorp (GG) Cut to Neutral at UBS.
  • Newmont (NEM) Cut to Neutral at UBS.
  • Nordic American Tanker (NAT) Cut to Underweight at JPMorgan.
  • Prudential (PRU) Cut to Marekt Perform at FBR.
  • UBS (UBS) Cut to Neutral at Merrill Lynch.
  • US Steel (X) Cut to Hold at Deutsche Bank.
  • Worthington (WOR) Cut to Underperform at CIBC.

Jon C. Ogg
December 22, 2008