Upgrades and downgrades before the market open

Market news

3 February 2015

Upgrades and downgrades before the market open

Upgrades:

Downgrades:

Freeport-McMoRan (FCX) downgraded from Buy to Neutral at BofA/Merrill

Other:

United Tech (UTX) target raised from $132 to $137 at Argus

Cisco Systems (CSCO) tarted raised from $27 to $29 at Oppenheimer

Stocks before the bell

Company News: United Parcel Service, Inc. (UPS) reported better than expected fourth quarter revenue, but earnings missed forecasts

Market Focus

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