Upgrades and downgrades before the market open

Market news

19 June 2014

Upgrades and downgrades before the market open

Upgrades:

Starbucks (SBUX) upgraded to Buy from Neutral at UBS

FedEx (FDX) upgraded to Sector Perform at RBC Capital Mkts, target raised to $155 from $125

Downgrades:

Other:

FedEx (FDX) target raised to $155 from $136 at Cowen

FedEx (FDX) target raised to $161 from $157 at Oppenheimer

DOW components before the bell

U.S.: Initial Jobless Claims, June 312 (forecast 316)

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