Upgrades and downgrades before the market open

Market news

17 August 2015

Upgrades and downgrades before the market open

Upgrades:

JPMorgan Chase (JPM) upgraded to Outperform from Mkt Perform at Keefe Bruyette, target $77

Downgrades:

Cisco Systems (CSCO) downgraded to Equal-Weight from Overweight at Morgan Stanley, target $30

Other:

Tesla Motors (TSLA) target raised to $465 from $280 at Morgan Stanley

Foreign investors add C$8.51 billion of Canadian securities in June

Bundesbank’s monthly report: Germany’s economy is expected to expand in the second half of the year

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