Upgrades and downgrades before the market open

Market news

3 February 2017

Upgrades and downgrades before the market open

Upgrades:

Ford Motor (F) upgraded to Overweight from Equal Weight at Barclays

Altria (MO) downgraded to Hold from Buy at Berenberg

Intl Paper (IP) downgraded to Neutral from Buy at DA Davidson

Downgrades:

Other:

Amazon (AMZN) target lowered to $905 from $920 at Mizuho

Amazon (AMZN) target lowered to $900 from $950 at RBC Capital Mkts

Amazon (AMZN) target raised to $912 from $888 at Stifel

Visa (V) target raised to $105 from $93 at Stifel

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

Total US nonfarm payroll employment increased by 227,000 in January. Average hourly earnings above expectations

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