Upgrades and downgrades before the market open:

Market news

23 January 2013

Upgrades and downgrades before the market open:

Upgrade:
Societe Generale upgraded IBM (IBM) from Sell to Hold
B. Riley Caris upgrades Walt Disney (DIS) to Buy from Neutral and raises their target to $63 from $51

Downgrade:
Credit Agricole downgraded DuPont (DD) from Outperform to Underperform

Other:
Oppenheimer reiterated General Electric (GE) at Outperform, target raised from $24 to $25
Cantor Fitzgerald reiterated Google (GOOG) at Buy, target raised from $820 to $900
Pacific Crest raised Google’ target to $820 from $795

Before the bell: S&P futures -0.13%, Nasdaq futures +0.15%

U.S.: Housing Price Index, y/y, November +5.6%

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