Upgrades and downgrades before the market open:

Market news

19 November 2012

Upgrades and downgrades before the market open:

Apple (AAPL) was reiterated a Buy at BAML, but with a lower price target - now $780, from $840. The analysts lower their expected 2013 EPS to $52.45 from $54.30, 2014 to $62.50 from $64.
Bank of America (BAC) was upgraded from Hold to Buy by Stifel Nicolaus, target $11.

Before the bell: S&P futures +0.85%, Nasdaq futures +0.96%

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