Upgrades and downgrades before the market open

Market news

19 January 2016

Upgrades and downgrades before the market open

Upgrades:

Procter & Gamble (PG) upgraded to Buy from Hold at Stifel; target $85

McDonald's (MCD) upgraded to Buy at BTIG Research

Downgrades:

Other:

Citigroup (C) target lowered to $60 from $65 at RBC Capital Markets

Walt Disney (DIS) target lowered to $110 from $130 at Stifel

Wall Street. Stocks before the bell

Bank of England Governor Mark Carney: "now is not yet the time to raise interest rates"

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