Upgrades and downgrades before the market open

Market news

1 February 2016

Upgrades and downgrades before the market open

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Downgrades:

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Yahoo! (YHOO) reiterated with a Neutral at Mizuho; target $32

Microsoft (MSFT) reiterated with an Outperform at RBC Capital Mkts; target lowered to $63 from $65

Honeywell (HON) target raised to $113 from $106 at Stifel

Walt Disney (DIS) target lowered to $92 from $112 at Jefferies

Wall Street. Stocks before the bell

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

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