
ABB Ltd. (NYSE: ABB) was downgraded to Neutral from Buy at Goldman Sachs.
Automatic Data Processing Inc. (NASDAQ: ADP) was downgraded to Neutral from Positive at Susquehanna.
Broadcom Corp. (NASDAQ: BRCM) was downgraded to Neutral from Buy at UBS.
Edison International (NYSE: EIX) was downgraded to Neutral from Outperform at Credit Suisse based on peer valuations.
GameStop Corp. (NYSE: GME) was downgraded to Neutral from Outperform at Credit Suisse on the notion that the near-term catalysts have played out and are priced in.
Ligand Pharmaceuticals Inc. (NASDAQ: LGND) was downgraded to Sell from an already-cautious Hold rating by Cantor Fitzgerald, and its new price target is $12 lower than the current price at $37.
Marathon Petroleum Corp. (NYSE: MPC) was downgraded to Neutral from Outperform at Macquarie.
Mosaic Co. (NYSE: MOS) was downgraded to Neutral from Buy after recent Uralkali potash implosion news at UBS.
Teradyne Inc. (NYSE: TER) was removed from the U.S. Focus List at Credit Suisse.
ValueClick Inc. (NASDAQ: VCLK) was downgraded to Hold from Buy at Needham and downgraded to Underperform at Raymond James.