Upgrades and downgrades before the market open:

Market news

21 August 2013

Upgrades and downgrades before the market open:

Upgrades:

Downgrades:

Caterpillar (CAT) downgraded to Neutral from Outperform at Daiwa Securities

Other:

Apple (AAPL) target raised to $560 from $500 at UBS

Hewlett-Packard (HPQ) target raised to $30 from $24 at BMO Capital Mkts

Before the bell: S&P futures -0.24%, Nasdaq futures -0.28%

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