Upgrades and downgrades before the market open

Market news

20 October 2015

Upgrades and downgrades before the market open

Upgrades:

Pfizer (PFE) upgraded to Outperform from Market Perform at Cowen

Downgrades:

Other:

IBM (IBM) reiterated at Sector Perform at RBC Capital Mkts; target lowered to $150 from $155

Facebook (FB) target raised to $130 from $120 at Jefferies

Honeywell (HON) target raised to $118 from $115 at Argus

Walt Disney Company (DIS) initiated with a Hold at Pivotal Research

Wall Street. Stocks before the bell

Housing starts in the U.S. climb 6.5% in September

Market Focus

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