Upgrades and downgrades before the market open:

Market news

20 June 2013

Upgrades and downgrades before the market open:

Upgrades:

Hewlett-Packard (HPQ) upgraded to Outperform from Market Perform at Wells Fargo

Wal-Mart (WMT) upgraded to Outperform from Mkt Perform at Raymond James

Downgrades:

Walt Disney (DIS) downgraded to Neutral from Buy at Goldman

Other:

U.S.: Manufacturing PMI, June 52.2 (forecast 52.5)

U.S.: Initial Jobless Claims, June 354 (forecast 345)

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