RBC follows Deutsche's lead from yesterday, downgrading shares of Elan (ELN +3.9%) to Sector...

|About: Elan Corporation, plc (ELN)|By:, SA News Editor

RBC follows Deutsche's lead from yesterday, downgrading shares of Elan (ELN +3.9%) to Sector Perform on the news of its sale of Tysabri to Biogen (BIIB -1%). Destpite the downgrade, the shares are getting a bit of a bounce today following its selloff during the previous session.