Analyst Downgrades for 11/19/2009... Aon Corp (NYSE:AOC) downgraded to Neutral from Buy, $45 target, at BofA/Merrill... Arm Holdings (NASDAQ:ARMH) downgraded to Underperform, $6.80 target, at BofA/Merrill... ASM International (NASDAQ:ASMI) downgraded to Neutral, EUR 19 target, at Goldman... ASML (NASDAQ:ASML) downgraded to Neutral from Buy, $33 target, at BofA/Merrill... Hot Topic (NASDAQ:HOTT) downgraded to Sell from Hold, $5 target, at Citigroup... Intel (NASDAQ:INTC) downgraded to Neutral from Buy, lowered target to $21.50 from $27, at BofA/Merrill... LSI Corp (NYSE:LSI) downgraded to Neutral from Buy at BofA/Merrill... Marsh & McLennan (NYSE:MMC) downgraded to Underperform from Neutral, $25 target, at BofA/Merrill... Marvell Technology (NASDAQ:MRVL) downgraded to Neutral at BofA/Merrill... Maxim Integrated Products (NASDAQ:MXIM) downgraded to Neutral from Buy at BofA/Merrill... Microchip (NASDAQ:MCHP) downgraded to Underperform from Neutral at BofA/Merrill... National Semi (NYSE:NSM) downgraded to Neutral from Buy at BofA/Merrill... Power Integrations (NASDAQ:POWI) downgraded to Neutral from Buy at BofA/Merrill... Progressive Insurance (NYSE:PGR) downgraded to Neutral, $18 target, at BofA/Merrill... Texas Instruments (NYSE:TXN) downgraded to Neutral, lowered price target to $27 from $33, at BofA/Merrill...

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