Upgrades and downgrades before the market open:

Market news

15 October 2012

Upgrades and downgrades before the market open:

IBM (IBM) Stifel Nicolaus Reiterated Buy, target raised from $221 to $243
Google (GOOG) Oppenheimer Reiterated Outperform, target raised from $752 to $800

Before the bell: S&P futures +0.40%, Nasdaq futures +0.52%

U.S.: NY Fed Empire State manufacturing index , October -6.2 (forecast -4.50)

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