Upgrades and downgrades before the market open

Market news

22 July 2016

Upgrades and downgrades before the market open

Upgrades:

UnitedHealth (UNH) upgraded to Buy at Argus

Downgrades:

Facebook (FB) downgraded to Neutral from Buy at BTIG Research

Twitter (TWTR) downgraded to Mkt Perform from Outperform at Raymond James

Other:

General Motors (GM) target raised to $34 from $32 at RBC Capital Mkts

Visa (V) target raised to $91 from $86 at Stifel

Procter & Gamble (PG) target raised to $92 from $85 at Stifel

AT&T (T) target raised to $42 from $38 at FBR Capital

Starbucks (SBUX) reiterated with an Outperform at RBC Capital Mkts, target $68

Wall Street. Stocks before the bell

Retail sales in Canada up 0.2%

Market Focus

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