Downgrades before the market open

Market news

4 January 2021

Downgrades before the market open

American Intl (AIG) downgraded to Equal Weight from Overweight at Wells Fargo; target $42

Boeing (BA) downgraded to Underperform from Mkt Perform at Bernstein; target lowered to $199

Citigroup (C) downgraded to Equal Weight from Overweight at Barclays; target $72

Coca-Cola (KO) downgraded to Sector Perform from Outperform at RBC Capital Mkts; target $55

PepsiCo (PEP) downgraded to Sector Perform from Outperform at RBC Capital Mkts; target $153

Initiations before the market open

Upgrades before the market open

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