Upgrades and downgrades before the market open

Market news

30 September 2014

Upgrades and downgrades before the market open

Upgrades:

Alcoa (AA) upgraded to Buy from Neutral at BofA/Merrill

Downgrades:

Ford Motor (F) downgraded to Hold from Buy at Craig Hallum, target $17

Other:

Facebook (FB) target raised to $95 from $90 at Evercore

Ford Motor (F) target lowered to $16 at RBC Capital Mkts

DOW components before the bell

U.S.: S&P/Case-Shiller Home Price Indices, y/y, July +6.7% (forecast +7.5%)

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