Benzinga's Top Downgrades (TLAB, SVNT, RCI, SDRL)

Tellabs Inc

was downgraded by JP Morgan from "overweight" to "neutral." TLAB's shares closed at $7.00 yesterday. Tellabs' 52-week trading range is $5.32-$9.40. JMP Securities downgraded Savient Pharmaceuticals Inc

from "outperform" to "market perform." SVNT's stock closed at $11.51 yesterday. Savient Pharmaceuticals' 52-week trading range is $10.43-$23.46. UBS downgraded Rogers Communications Inc

from "buy" to "neutral.” RCI's shares closed at $37.22 yesterday. Rogers Communications' 52-week trading range is $26.07-$40.82. Seadrill Limited

was downgraded by UBS from "buy" to "neutral.” SDRL's shares closed at $30.09 yesterday. Seadrill's 52-week trading range is $17.38- $31.03.