Upgrades and downgrades before the market open

Market news

22 June 2016

Upgrades and downgrades before the market open

Upgrades:

Downgrades:

McDonald's (MCD) downgraded to Neutral from Buy at Nomura

Tesla Motors (TSLA) downgraded to Perform from Outperform at Oppenheimer

Other:

FedEx (FDX) target raised to $174 from $158 at RBC Capital Mkts

FedEx (FDX) target raised to $179 from $178 at Stifel

NIKE (NKE) target lowered to $69 from $72 at Telsey Advisory Group

Wall Street. Stocks before the bell

Canada’s retail sales up 0.9% in April

Market Focus

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