Upgrades:
Downgrades:
Procter & Gamble (PG) downgraded from Outperform to Underperform at Credit Agricole
Amazon (AMZN) downgraded from Buy to Hold at Argus
American Express (AXP) downgraded from Buy to Neutral at Nomura
Twitter (TWTR) downgraded from Buy to Neutral at Sun Trust Rbsn Humphrey, target lowered from $58 to $50
Other:
Apple (AAPL) initiated at Buy at Brean Capital, target $160
Walt Disney (DIS) reiterated at Buy at Citigroup, target raised $110 to $125