Upgrades and downgrades before the market open

Market news

16 October 2014

Upgrades and downgrades before the market open

Upgrades:

Citigroup (C) upgraded from Sell to Hold at Argus

American Express (AXP) upgraded from Underweight to Neutral at JP Morgan, target raised to $95 from $90

Downgrades:

Walt Disney (DIS) downgraded to Neutral from Buy at Guggenheim

Other:

DOW components before the bell

U.S.: Capacity Utilization, September 79.3% (forecast 79.0%)

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