Upgrades and downgrades before the market open

Market news

17 January 2017

Upgrades and downgrades before the market open

Upgrades:

Travelers (TRV) upgraded to Outperform from Underperform at Macquarie

American Express (AXP) upgraded to Overweight from Neutral at JP Morgan

Walt Disney (DIS) upgraded to Buy from Neutral at Goldman; target raised to $134 from $109

Downgrades:

Twitter (TWTR) downgraded to Neutral from Buy at UBS; target lowered to $18 from $22

JPMorgan Chase (JPM) downgraded to Mkt Perform from Outperform at Keefe Bruyette

Other:

Wall Street. Stocks before the bell

How Morgan Stanley trade the USD shift

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