Upgrades and downgrades before the market open

Market news

8 September 2014

Upgrades and downgrades before the market open

Upgrades:

Bank of America (BAC) upgraded from Neutral to Buy at Goldman, target $19

Downgrades:

Ford Motor (F) downgraded to Underweight at Morgan Stanley, target lowered to $16 from $17

Other:

Tesla Motors (TSLA) initiated with an Outperform at FBN Securities, target $325

DOW components before the bell

Canada: Building Permits (MoM) , July +11.8% (forecast +4.2%)

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