Upgrades and downgrades before the market open:

Market news

7 June 2013

Upgrades and downgrades before the market open:

Upgrades:

Downgrades:

Intel (INTC) downgraded from Neutral to Underweight at Piper Jaffray

Other:

Microsoft (MSFT) reiterated at Outperform at Oppenheimer, target raised from $34 to $39

Before the bell: S&P futures +0.38%, Nasdaq futures +0.48%

U.S.: Average workweek, May 34.5 (forecast 34.5)

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