Upgrades and downgrades before the market open

Market news

15 September 2014

Upgrades and downgrades before the market open

Upgrades:

Barrick Gold Corp (ABX) upgraded to Neutral from Underweight at HSBC Securities

Downgrades:

Other:

FedEx (FDX) target raised to $172 from $168 at Oppenheimer

Wal-Mart (WMT) initiated with a Neutral at Citigroup, target $83

DOW components before the bell

U.S.: NY Fed Empire State manufacturing index , September 27.5 (forecast 15.0)

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