Upgrades and downgrades before the market open

Market news

24 May 2016

Upgrades and downgrades before the market open

Upgrades:

Microsoft (MSFT) upgraded to Outperform from Market Perform at Cowen
Deere (DE) upgraded to Outperform from Market Perform at BMO Capital; target $96

Downgrades:

Twitter (TWTR) downgraded to Sell from Neutral at Moffettnathanson

Other:

Twitter (TWTR) target lowered to $18 from $22 at Monness Crespi & Hardt
Home Depot (HD) initiated with a Buy at Topeka Capital Mkts; target $158

Wall Street. Stocks before the bell

Foreign exchange market. European session: the euro traded lower against the U.S. dollar after the negative economic data from the Eurozone

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