Upgrades and downgrades before the market open

Market news

13 June 2014

Upgrades and downgrades before the market open

Upgrades:

Intel (INTC) upgraded to Buy at Drexel Hamilton

Intel (INTC) upgraded to Equal-Weight from Underweight at Morgan Stanley

Intel (INTC) upgraded to Buy from Neutral at ROTH Capital

Downgrades:

Other:

Intel (INTC) target raised to $32 from $30 at FBR Capital

Intel (INTC) target raised to $40 from $35 at Jefferies

DOW components before the bell

U.S.: PPI excluding food and energy, Y/Y, May +2.0%

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