Upgrades and downgrades before the market open:

Market news

8 April 2014

Upgrades and downgrades before the market open:

Upgrades:

Nike (NKE) upgraded to Buy from Hold at Stifel, target $87

Downgrades:

Cisco Systems (CSCO) downgraded to Hold at Wunderlich, target lowered from $24 to $22

Other:

General Motors (GM) reiterated at Outperform by RBC Capital Mkts, target lowered from $48 to $46

Twitter (TWTR) initiated with a Buy at Janney, target $55

Coca-Cola (KO) initiated with a Buy at BTIG Research, target $48

Before the bell: S&P futures +0.06%, Nasdaq futures +0.26%

Canada: Building Permits (MoM) , February -11.6% (forecast -2.4%)

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