• Upgrades and downgrades before the market open

Market news

5 June 2014

Upgrades and downgrades before the market open

Upgrades:

Microsoft (MSFT) upgraded to Outperform at FBR Capital; target raised to $49 from $43


Downgrades:


Other:

Wal-Mart (WMT) initiated with a Sell at Belus Capital; target $71

Twitter (TWTR) initiated with an Outperform at Pacific Crest; target $45


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