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Analyst Downgrades for 11/4/2009... American Tower (NYSE:AMT) downgraded to Neutral at Macquire... Callaway Golf (NYSE:ELY) downgraded to Hold form Buy at Lazard... Dolby Labs (NYSE:DLB) downgraded to Neutral at JP Morgan... Energizer (NYSE:ENR) downgraded to Neutral from Conviction Buy at Goldman... Jones Apparel (NYSE:JNY) downgraded to Hold from Buy at Lazard... L-3 Comm (NYSE:LLL) downgraded to Neutral from Outperform at Credit Suisse... Maxwell Tech (NASDAQ:MXWL) downgraded to Underweight from Neutral at Piper Jaffray... Optimer Pharm (NASDAQ:OPTR) downgraded to Perform from Outperform at Oppenheimer... Quiksilver (NYSE:ZQK) downgraded to Hold from Buy at Lazard... Saks (NYSE:SKS) downgraded to Sell from Hold at Lazard... STEC Inc (NASDAQ:STEC) downgraded to Perform from Outperform at Oppenheimer... True Religion (NASDAQ:TRLG) downgraded to Hold from Buy at Lazard... Warnaco (NYSE:WRC) downgraded to Hold from Buy at Lazard...

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