Upgrades and downgrades before the market open

Market news

16 September 2014

Upgrades and downgrades before the market open

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Microsoft (MSFT) target raised from $47 to $54 at RBC Capital Mkts

Visa (V) initiated with a Outperform at Bernstein, target $262

Tesla Motors (TSLA) initiated with Buy and $320 target at ISI

DOW components before the bell

U.S.: PPI excluding food and energy, Y/Y, August +1.8% (forecast +1.7%)

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