Merrill Downgrades Lehman From "Neutral" To "WTF"

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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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