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  • imsuzeorman imsuzeorman Aug 3, 2006 4:59 PM Flag

    FIVE downgrades in a day and you

    Many more downgreades coming.

    Actually six downgrades today.

    Merrill - Buy to Neutral
    Morgan Stanley - Overweight to Equal Weight
    Goldman - Buy to Neutral
    Wm Blair - Outperform to Mkt Perform
    Lazard - Buy to Hold
    First Albany - Strong Buy to Buy

    Downgrades coming tomorrow (current rating):

    Nesbitt Burns - Mkt Outperform
    Rodman & Renshaw - Mkt Outperform
    Needham - Buy
    JMP Securities - Mkt. Outperform
    Bernstein - Mkt Perform
    Kaufman Bros - Buy
    Jeffries - Hold
    Prudential - Overweight
    Key Bank - Hold
    UBS - Buy
    Deusche Securities - Buy

    In other words this is going to get uglier.

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