Upgrades and downgrades before the market open

Market news

27 April 2017

Upgrades and downgrades before the market open

Upgrades:

McDonald's (MCD) upgraded to Buy from Hold at Argus

Cisco Systems (CSCO) upgraded to Outperform from Underperform at Credit Suisse

American Express (AXP) upgraded to Neutral from Reduce at Instinet

Downgrades:

Other:

Twitter (TWTR) target raised to $14 from $13 at Wedbush

Microsoft (MSFT) initiated with a Outperform at Credit Suisse; target $80

United Tech (UTX) target raised to $125 from $118 at RBC Capital Mkts

Boeing (BA) target raised to $146 from $138 at RBC Capital Mkts

Wall Street. Stocks before the bell

Draghi: very substantial degree of accommodation still needed

Market Focus

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