Upgrades and downgrades before the market open

Market news

28 September 2016

Upgrades and downgrades before the market open

Upgrades:

Downgrades:

AT&T (T) downgraded to Neutral from Buy at UBS

NIKE (NKE) downgraded to Hold from Buy at Brean Capital

Twitter (TWTR) downgraded to Underperform from Neutral at Mizuho; target $15

Twitter (TWTR) downgraded to Sell from Hold at Loop Capital

Alphabet A (GOOGL) downgraded to Underperform from Neutral at Wedbush; target $700

Other:

Starbucks (SBUX) target lowered to $65 from $70 at Wedbush

NIKE (NKE) target lowered to $67 from $69 at Telsey Advisory Group

NIKE (NKE) target lowered to $55 from $63 at FBR & Co

Amazon (AMZN) resumed with a Buy at Nomura; target $950

Wall Street. Stocks before the bell

US durable goods orders a little better than expected, the dollar sold initially

Market Focus

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