Upgrades and downgrades before the market open:

Market news

11 October 2013

Upgrades and downgrades before the market open:

Upgrades:

Johnson & Johnson (JNJ) upgraded to Neutral from Sell at Goldman

Downgrades:

Merck (MRK) downgraded to Hold from Buy at Jefferies

Other:

Telsey Advisory Group raises their Nike (NKE) tgt to $76 from $74.

Before the bell: S&P futures -0.09%, Nasdaq futures +0.03%

Canada: Unemployment rate, September 6.9% (forecast 7.1%)

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