Upgrades and downgrades before the market open

Market news

26 October 2015

Upgrades and downgrades before the market open

Upgrades:

Goldman Sachs (GS) upgraded to Overweight from Equal-Weight at Morgan Stanley

Downgrades:

American Express (AXP) downgraded to Sell at UBS

Citigroup (C) downgraded to Equal-Weight from Overweight at Morgan Stanley

Other:

Apple (AAPL) reiterated with a Market Perform at Cowen; target raised to $135 from $130

Hewlett-Packard (HPQ) initiated with a Neutral at Goldman

Alphabet (GOOG) target raised to $900 from $850 at Argus

Option expiries for today's 10:00 ET NY cut

U.S. Stocks open: Dow +0.05%, Nasdaq -0.06%, S&P -0.13%

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