Upgrades and downgrades before the market open

Market news

12 April 2016

Upgrades and downgrades before the market open

Upgrades:

Yandex N.V. (YNDX) upgraded to Buy from Neutral at Goldman

Downgrades:

Starbucks (SBUX) downgraded to Hold from Buy at Deutsche Bank

Other:

3M (MMM) target raised to $187 from $175 at Jefferies

Alcoa (AA) reiterated with a Buy at Stifel; target lowered to $13 from $14

Wall Street. Stocks before the bell

U.S. import price index increases by 0.2% in March

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