• Upgrades and downgrades before the market open

Market news

27 January 2017

Upgrades and downgrades before the market open

Upgrades:

Microsoft (MSFT) upgraded to Neutral from Sell at Citigroup; target $65

Intel (INTC) upgraded to Equal-Weight from Underweight at Morgan Stanley

Caterpillar (CAT) upgraded to Outperform from Market Perform at Wells Fargo

Ford Motor (F) upgraded to Outperform at RBC Capital Mkts; target raised to $14


Downgrades:


Other:

Microsoft (MSFT) target raised to $71 from $69 at BMO Capital Markets

Microsoft (MSFT) target raised to $71 from $65 at RBC Capital Mkts

Microsoft (MSFT) target raised to $68 from $66 at Stifel

Intel (INTC) target raised to $43 from $42 at Needham

Caterpillar (CAT) target raised to $85 at RBC Capital Mkts


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