• Upgrades and downgrades before the market open

Market news

20 October 2016

Upgrades and downgrades before the market open

Upgrades:

American Express (AXP) upgraded to Neutral from Underperform at BofA/Merrill


Downgrades:

Goldman Sachs (GS) downgraded to Neutral from Buy at Guggenheim


Other:

American Express (AXP) target lowered to $52 from $57 at RBC Capital

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