Upgrades and downgrades before the market open:

Market news

19 September 2013

Upgrades and downgrades before the market open:

Upgrades:

Downgrades:

FedEx (FDX) downgraded to Neutral from Buy at Goldman

Walt Disney (DIS) downgraded from Overweight to Equal-Weight at Morgan Stanley

Other:

Cisco Systems (CSCO) initiated with an Underperform at Credit Suisse

CRT Capital initiates Google (GOOG) with a Buy and price target of $1090

CRT Capital initiates Facebook (FB) with a Buy and price target $52

Before the bell: S&P futures +0.25%, Nasdaq futures +0.25%

U.S.: Current cccount, bln, Quarter II -98.89 (forecast -96.3)

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