Downgrades before the market open

Market news

29 July 2019

Downgrades before the market open

Starbucks (SBUX) downgraded to Neutral from Outperform at Robert W. Baird; target $98

Starbucks (SBUX) downgraded to Neutral from Overweight at JP Morgan; target $91

UPS (UPS) downgraded to Hold from Buy at Stifel

Dow (DOW) downgraded to Neutral from Buy at Citigroup; target lowered to $50

Dow (DOW) downgraded to Neutral from Positive at Susquehanna; target lowered to $53

Initiations before the market open

BoE will likely retain its hiking bias - TDS

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