• Upgrades and downgrades before the market open

Market news

25 April 2014

Upgrades and downgrades before the market open

Upgrades:

Wells Fargo (WFC) upgraded to Outperform from Mkt Perform at BMO Capital Mkts; target raised to $55 from $53


Downgrades:

Amazon.com (AMZN) downgraded to Outperform from Strong Buy at Raymond James


Other:

Oppenheimer reiterated Microsoft (MSFT) at Outperform, target raised from $38 to $45

RBC Capital Mkts reiterated Visa (V) at Outperform target lowered to $263 rom $250

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