Upgrades and downgrades before the market open

Market news

12 October 2016

Upgrades and downgrades before the market open

Upgrades:

Procter & Gamble (PG) upgraded to Buy from Hold at Argus

Downgrades:

Alcoa (AA) downgraded to Neutral from Buy at BofA/Merrill

Other:

Apple (AAPL) target raised to $130 from $120 at Mizuho

Alcoa (AA) target lowered to $31 from $33 at RBC Capital Mkts

Amazon (AMZN) target raised to $1000 from $835 at Cantor Fitzgerald

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