Upgrades and downgrades before the market open

Market news

18 April 2016

Upgrades and downgrades before the market open

Upgrades:

Walt Disney (DIS) upgraded to Buy from Hold at Pivotal Research Group; target raised to $121 from $104

Downgrades:

Citigroup (C) downgraded to Mkt Perform from Outperform at Keefe Bruyette

Other:

Intel (INTC) maintained with a Market Perform at Cowen, target $33

Yahoo! (YHOO) maintained with a Neutral at Mizuho, target $37

Pfizer (PFE) resumed with a Neutral at Goldman; target $35

Wall Street. Stocks before the bell

Foreign investors purchase C$15.94 billion of Canadian securities in February

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