Upgrades and downgrades before the market open

Market news

21 October 2015

Upgrades and downgrades before the market open

Upgrades:

Downgrades:

Yahoo! (YHOO) downgraded to Neutral from Buy at Mizuho; target lowered to $37 from $40

Yahoo! (YHOO) downgraded to Neutral from Buy at B. Riley & Co.

Twitter (TWTR) downgraded to Underweight from Equal-Weight at Morgan Stanley; target lowered to $24 from $36

Other:

IBM (IBM) reiterated at a Neutral at UBS; target lowered to $145 from $170

Facebook (FB) reiterated at a Buy at Jefferies; target raised to $130 from $120

Yahoo! (YHOO) target lowered to $44 from $45 at Axiom Capital

Yahoo! (YHOO) target lowered to $35 from $49 at Cowen

Verizon (VZ) target lowered to $54 from $57 at FBR Capital

Verizon (VZ) target lowered to $53 from $59 at Argus

Travelers (TRV) target raised to $120 from $115 at RBC Capital Mkts

Wall Street. Stocks before the bell

China’s central bank issues the first yuan bonds outside China

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.