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Many more downgreades coming.Actually six downgrades today.Merrill - Buy to NeutralMorgan Stanley - Overweight to Equal WeightGoldman - Buy to NeutralWm Blair - Outperform to Mkt PerformLazard - Buy to HoldFirst Albany - Strong Buy to BuyDowngrades coming tomorrow (current rating):Nesbitt Burns - Mkt OutperformRodman & Renshaw - Mkt OutperformNeedham - BuyJMP Securities - Mkt. OutperformBernstein - Mkt PerformKaufman Bros - BuyJeffries - HoldPrudential - OverweightKey Bank - HoldUBS - BuyDeusche Securities - BuyIn other words this is going to get uglier.
unless you are short this stock, i think your way off that their will be more downgrades tomorrow, the stock downgraded its self look for a big move up tomorrow and monday! you should cover