Elan (ELN +1.1%) bounces back into the green after an early morning dip on the back of a UBS...

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

Elan (ELN +1.1%) bounces back into the green after an early morning dip on the back of a UBS downgrade to Neutral. The firm cites a lack of visibility following its announcement that it's divesting a 50% stake in Tysabri to Biogen Idec (BIIB). The price target is also lowered to $10.06.