Upgrades and downgrades before the market open

Market news

5 January 2015

Upgrades and downgrades before the market open

Upgrades:

Coca-Cola (KO) upgraded to Overweight from Equal-Weight at Morgan Stanley

Downgrades:

Wells Fargo (WFC) downgraded to Neutral from Outperform at Robert W. Baird

Ford Motor (F) downgraded to Neutral from Buy at Citigroup

Starbucks (SBUX) downgraded to Neutral from Buy at Janney

Other:

Goldman Sachs (GS) target raised to $225 from $220, maintain Outperform at Credit Suisse

Option expiries for today's 10:00 ET NY cut

German consumer price inflation hits its lowest level since October 2009

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