Upgrades and downgrades before the market open

Market news

29 April 2014

Upgrades and downgrades before the market open

Upgrades:

Hewlett-Packard Co (HPQ) upgraded to Outperform from Sector Perform at Pacific Crest

Barrick Gold (ABX) upgraded to Neutral from Underweight at HSBC Securities, target raised to $18 from $17

Downgrades:

Other:

Coca-Cola (KO) initiated at Buy at Nomura

Walt Disney (DIS) reiterated at Outperform at FBR Capital, target raised to $96 from $85

U.S.: S&P/Case-Shiller Home Price Indices, y/y, March +12.9% (forecast +12.9%)

Foreign exchange market. European session: the U.S. dollar traded mixed against the most major currencies ahead the publication of S&P/Case-Shiller home price indices and U.S. consumer confidence figures

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