• Upgrades and downgrades before the market open

Market news

21 January 2015

Upgrades and downgrades before the market open

Upgrades:

Exxon Mobil (XOM) upgrade from Market Perform to Outperform at Wells Fargo


Downgrades:

Verizon (VZ) downgraded to Equal Weight from Overweight at Barclays


Other:

Tesla Motors (TSLA) reiterated at Overweight at Morgan Stanley, target lowered from $290 to $280

IBM reiterated at Buy at Stifel, target lowered from $190 to $180

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