Upgrades and downgrades before the market open

Market news

19 May 2014

Upgrades and downgrades before the market open

Upgrades:

AT&T (T) upgraded to Outperform from Mkt Perform at Raymond James

Downgrades:

Other:

Hewlett-Packard (HPQ) target raised to $40 from $34 at Brean Capital

Walt Disney (DIS) initiated with a Buy at Hudson Square Research; target $96

AT&T (T) reiterated with Hold at Hudson Securities, target raised from $37 to $39

DOW components before the bell

Foreign exchange market. European session: the U.S. dollar traded lower against the most major currencies due to concerns over the economic growth in China

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