Upgrades and downgrades before the market open:

Market news

21 March 2013

Upgrades and downgrades before the market open:

Downgrades:

FBR Capital downgrades Cisco (CSCO) to Underperform from Mkt Perform and lowers their tgt to $17 from $22.

Other:

3M (MMM) resumed with a Neutral at Goldman

Home Depot (HD) reiterated at Hold at Canaccord Genuity

U.S.: Manufacturing PMI, March 54.9 (forecast 55.1)

U.S.: Initial Jobless Claims, March 336 (forecast 343)

Market Focus

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