Edwards Lifesciences (NYSE:EW) was downgraded by Citigroup (NYSE:C) from buy to neutral with a price target of $95, as issues in the EU are likely to linger in the near term and affect earnings.
Shares are lower by about one percent.
Public Service (NYSE:PEG) was downgraded by Credit Suisse (NYSE:CS) to underperform from neutral with a price target of $28.50 as the company is the least levered to an eventual cyclical recovery in power demand.
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