Upgrades and downgrades before the market open

Market news

13 July 2016

Upgrades and downgrades before the market open

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Microsoft (MSFT) reiterated at Outperform at RBC Capital Mkts; target $61

JMorgan Chase (JPM) initiated with a Sell at Berenberg

Morgan Stanley (MS) initiated with a Hold at Berenberg

Goldman Sachs (GS) initiated with a Hold at Berenberg

Citigroup (C) initiated with a Buy at Berenberg

Bank of America (BAC) initiated with a Buy at Berenberg

Amazon (AMZN) target raised to $915 at The Benchmark Company

Wall Street. Stocks before the bell

US: import and export prices rise

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