
Biogen Idec Inc. (NASDAQ: BIIB) was replaced by Amgen on the Conviction Buy List at Goldman Sachs this morning. Biogen shares were downgraded to Neutral in the call.
Edison International (NYSE: EIX) was cut to Market Perform from Outperform at BMO Capital Markets.
Fiserv Inc. (NASDAQ: FISV) was cut to Perform from Outperform at Oppenheimer.
LSI Corp. (NASDAQ: LSI) was cut to Neutral from Buy at Goldman Sachs.
Magellan Health Services Inc. (NASDAQ: MGLN) was cut to Neutral from Buy at Citigroup.
Mindspeed Technologies Inc. (NASDAQ: MSPD) was cut to Market Perform from Outperform at Raymond James.
Nuance Communications Inc. (NASDAQ: NUAN) was cut to Equal Weight from Overweight after yesterday’s huge drop by Morgan Stanley. FBR Capital Markets also downgraded it yesterday to Market Perform.
Oil States International Inc. (NYSE: OIS) was downgraded to Underperform from Market Perform at BMO Capital Markets and was downgraded to Market Perform from Outperform at Raymond James.
ONEOK Corp. (NYSE: OKE) was cut to Equal Weight from Overweight at Morgan Stanley.
Select Comfort Corp. (NASDAQ: SCSS) was named Bear of the Day after two earnings warnings at Zacks Investment Research.
See also: Top Wall Street Analyst Upgrades and Positive Calls