Upgrades and downgrades before the market open:

Market news

19 October 2012

Upgrades and downgrades before the market open:

Google tgt to $800 from $850 at Citigroup;
BofA/Merrill downgrade Google from Buy to Neutral;
Oppenheimer downgrade Google from Outperform to Perform, tgt lowered from $800 to $765;
Cantor Fitzgerald reiterated Google at Buy, tgt lowered from $830 to $820;
Verizon Communications was upgraded to Outperform from Sector Perform at Pacific Crest.

Before the bell: S&P futures -0.16%, Nasdaq futures -0.14%

Canada: Bank of Canada Consumer Price Index Core, y/y, September +1.3% (forecast +1.5%)

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