Upgrades and downgrades before the market open

Market news

29 September 2015

Upgrades and downgrades before the market open

Upgrades:

Johnson & Johnson (JNJ) upgraded to Buy from Hold at Deutsche Bank

McDonald's (MCD) upgraded to Outperform from Neutral at Credit Suisse; target raised to $112 from $100

Downgrades:

Other:

Apple (AAPL) initiated with a Buy at Sterne Agee CRT

Hewlett-Packard (HPQ) initiated with a Neutral at Sterne Agee CRT

Yahoo! (YHOO) target lowered to $40 from $43 at Mizuho

Canadian industrial product and raw materials prices fall in August

Canada: Industrial Product Price Index, y/y, August -0.4%

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