Upgrades and downgrades before the market open

Market news

22 June 2015

Upgrades and downgrades before the market open

Upgrades:

Downgrades:

Alcoa (AA) downgraded from Buy to Neutral at Sterne Agee CRT

Other:

Facebook (FB) reiterated at Overweight at Piper Jaffray, target raised to $120 from $92

FedEx (FDX) reiterated at Buy at Argus, target raised to $205 from $195

Head of the Eurogroup Jeroen Dijsselbloem: it is unlikely that a deal between Greece and its creditors will be reached on Monday

German Finance Minister Wolfgang Schaeuble said he has not seen a new Greek proposal

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