Lehman was cut to “hold” from “buy” by Citigroup Inc. analyst Prashant Bhatia and the firm was reduced to “no opinion” from “neutral” by Merrill Lynch & Co. analyst Guy Moszkowski.

Lehman Shares Plummet After Analysts Cite Rating Risk [Bloomberg]

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Comments (48)

  1. Posted by guest | September 11, 2008 at 11:16 AM

    No opinion, really?

  2. Posted by guest | September 11, 2008 at 11:17 AM

    wtf
    [chuckle]

  3. Posted by guest | September 11, 2008 at 11:18 AM

    Morgan Stanley downgrades to “FIF”

  4. Posted by guest | September 11, 2008 at 11:19 AM

    funny…waiting for downgrades on a hunch or feeling next

  5. Posted by CNote | September 11, 2008 at 11:20 AM

    Fantastic headline.

  6. Posted by guest | September 11, 2008 at 11:22 AM

    is being reduced to “no opinion” the same as being reduced to “jerk off and cry”?

  7. Posted by guest | September 11, 2008 at 11:23 AM

    I’d be a little more gracious than that if I was Guy Mozskowski. Afterall, Merrill is the next brokerage to go down.
    You may say WaMu or Wachovia are next. But I wouldn’t take bets on which one of the three will go belly up first.

  8. Posted by guest | September 11, 2008 at 11:24 AM

    analysts just put a GTFO rating on LEH stock

  9. Posted by guest | September 11, 2008 at 11:24 AM

    Does anyone have a link to donkeyboy Cramer’s last Lehman call?

  10. Posted by guest | September 11, 2008 at 11:25 AM

    I hear GS put a buy rating on LEH.

  11. Posted by blndebnker | September 11, 2008 at 11:27 AM

    @8 – HA

  12. Posted by guest | September 11, 2008 at 11:31 AM

    What’s the latest on WaMu? Is it really a matter of days for them?

  13. Posted by guest | September 11, 2008 at 11:31 AM

    hilarious bess

  14. Posted by AJ | September 11, 2008 at 11:32 AM

    @12 The FDIC only takes over banks on weekends. So either this Friday or next Friday…

  15. Posted by guest | September 11, 2008 at 11:35 AM

    @AJ Never thought of that. Good to know. Thanks!

  16. Posted by guest | September 11, 2008 at 11:36 AM

    Enough about LEH! Carney said no more after his post…who gives crap what its being rated.
    Just post: LEH stock price: Haven’t seen a beating like that since someone dropped a banana down my pants and let a monkey loose (or gorilla in Fuld’s case).

  17. Posted by guest | September 11, 2008 at 11:36 AM

    Enough about LEH! Carney said no more after his post…who gives crap what its being rated.
    Just post: LEH stock price: Haven’t seen a beating like that since someone dropped a banana down my pants and let a monkey loose (or gorilla in Fuld’s case).

  18. Posted by guest | September 11, 2008 at 11:41 AM

    reduced to tears

  19. Posted by guest | September 11, 2008 at 11:42 AM

    Shit, I’m thinking about my B-School mates who just joined LEH 3 weeks ago…

  20. Posted by Debter | September 11, 2008 at 11:44 AM

    good headline Bess

  21. Posted by guest | September 11, 2008 at 11:45 AM

    “…reduced to WTF”….hilarious!!

  22. Posted by guest | September 11, 2008 at 11:47 AM

    @19
    Stop thinking

  23. Posted by guest | September 11, 2008 at 11:50 AM

    19, ‘mates’ what? are you in australia?
    good day, tool.

  24. Posted by guest | September 11, 2008 at 11:51 AM

    mayo downgraded

  25. Posted by guest | September 11, 2008 at 11:52 AM

    Bess- as the author of comment #11 on the “Lehman finished by tommorrow” post, I feel you owe me a drink for shamelessly freeriding on my observational genius.
    Sincerely,
    #11

  26. Posted by John Carney | September 11, 2008 at 11:54 AM

    It’s a great headline Bess. I would have gone with “Merrill Downgrades Lehman From ‘Neutral’ To ‘Chaotic Evil.’” Yours is far less nerdy.

  27. Posted by guest | September 11, 2008 at 11:54 AM

    Bill Miller and Legg are accumulating. No better way to doom a company.

  28. Posted by guest | September 11, 2008 at 11:57 AM

    The holy treasury of bails…where are you Mr. flick the next generation Paulson

  29. Posted by guest | September 11, 2008 at 11:59 AM

    Didn’t know analysts followed the “if you can’t say anything nice, don’t say anything at all” rule.

  30. Posted by Bess Levin | September 11, 2008 at 12:02 PM

    @25– Yes, your comment did alert me as to the downgrade, and I nodded my head vigorously with your observational genius. Of course, I took it one step further (and did it with pith) but who’s counting.
    Anyway, agree that you are deserving of a beverage, so feel free to e-mail about that.

  31. Posted by Anal_yst | September 11, 2008 at 12:12 PM

    Drinks on DB? I’m there, like, yesterday!

  32. Posted by guest | September 11, 2008 at 12:13 PM

    anal_yst– you weren’t invited. this is between 25/11 and bess.

  33. Posted by blndebnker | September 11, 2008 at 12:13 PM

    Oh could we do these DB drinks today? I’d totally be in.

  34. Posted by guest | September 11, 2008 at 12:19 PM

    no we can’t because i’m getting my face ripped off. monday though, i’ll have free time.
    – leh employee

  35. Posted by guest | September 11, 2008 at 12:25 PM

    How has no one commented that CITI analyst just downgraded LEH from buy today. Were they sleeping the last two days?

  36. Posted by diablo | September 11, 2008 at 12:28 PM

    Lehman just downgraded MER to GTH (go to hell).

  37. Posted by guest | September 11, 2008 at 12:38 PM

    Don’t these douchebags get paid to have an opinion?

  38. Posted by blndebnker | September 11, 2008 at 12:39 PM

    @diablo – HA.

  39. Posted by guest | September 11, 2008 at 12:49 PM

    DAVID EINHORN JUST BLEW A LOAD IN ERIN CALLAN’S FACE.

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