Upgrades and downgrades before the market open

Market news

15 December 2014

Upgrades and downgrades before the market open

Upgrades:

Exxon Mobil (XOM) upgraded to Market Perform from Underperform at BMO Capital Markets

Downgrades:

Ford (F) downgraded to Hold from Buy at Deutsche Bank

Other:

Twitter (TWTR) initiated at Mkt Outperform at JMP Securities, target $49

DOW components before the bell

U.S.: NY Fed Empire State manufacturing index , November -3.6 (forecast 12.1)

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