Upgrades and downgrades before the market open

Market news

16 December 2016

Upgrades and downgrades before the market open

Upgrades:

General Electric (GE) upgraded to Outperform from Mkt Perform at Bernstein

Downgrades:

Coca-Cola (KO) downgraded to Equal-Weight from Overweight at Morgan Stanley

Other:

Apple (AAPL) resumed with a Overweight at Piper Jaffray; target $155

FedEx (FDX) target raised to $240 at Cowen

Option expiries for today's 10:00 ET NY cut

US building permits and housing starts below estimates in November

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