Upgrades and downgrades before the market open

Market news

3 February 2016

Upgrades and downgrades before the market open

Upgrades:

Intel (INTC) upgraded to Neutral from Sell at Goldman

Downgrades:

Yahoo! (YHOO) downgraded to Hold from Buy at Axiom Capital; target $32

Freeport-McMoRan (FCX) downgraded to Hold from Buy at Argus

Other:

Tesla Motors (TSLA) initiated with a Sell at Berenberg; target $165

Yahoo! (YHOO) target lowered to $37 from $44 at FBR Capital

Yahoo! (YHOO) target lowered to $33 from $42 at RBC Capital Mkts

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

Japan’s consumer confidence index declines to 42.5 in January

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