NEW YORK (TheStreet) -- Bank of Nova Scotia (BNS - Get Report) shares are down -0.23% to $65.97 on Wednesday after being downgraded to "neutral" from "outperform" by analysts at Credit Suisse (CS - Get Report) .
Separately, analyst at TD Securities downgraded the stock to "buy" from its "action buy list".
The downgrades were issued despite the bank's second quarter earnings beat.
Yesterday the company reported earnings of $1.70 per diluted share, 41 cents higher than analysts were expecting, on revenue of $6.49 billion that was ahead of analysts $5.92 billion estimates.
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