Upgrades and downgrades before the market open:

Market news

21 June 2013

Upgrades and downgrades before the market open:

Upgrades:

Facebook (FB) upgraded to Buy with $30 price target and a $36 "upside scenario" at UBS

Downgrades:

Other:

Exxon Mobil (XOM) initiated at Outperform at Wells Fargo

Chevron (CVX) initiated at Outperform at Wells Fargo

Before the bell: S&P futures +0.27%, Nasdaq futures +0.14%

Canadian retail sales grew less than expected in April

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