Upgrades and downgrades before the market open

Market news

15 May 2017

Upgrades and downgrades before the market open

Upgrades:

Cisco Systems (CSCO) upgraded to Overweight from Equal-Weight at Morgan Stanley

Johnson & Johnson (JNJ) upgraded to Overweight from Neutral at JP Morgan

Starbucks (SBUX) upgraded to Buy from Hold at Deutsche Bank

Downgrades:

Tesla (TSLA) downgraded to Equal-Weight from Overweight at Morgan Stanley

Other:

Wall Street. Stocks before the bell

U.S.: NY Fed Empire State manufacturing index , May -1 (forecast 8)

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