Upgrades and Downgrades ( WAG, TGI, GEN, CETV, FMCN, AWC, JNJ, PAYX )

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New York, Dec 9th (TradersHuddle.com) – With US stock futures signaling a higher open this morning, the following are some of the upgrades / downgrades before the market opens.

Upgrades

Walgreens (NYSE:WAG) was upgraded to Buy from Neutral at UBS, Walgreens is trading higher in pre-market action.

Triumph Group (NYSE:TGI) was also upgraded to Buy from Neutral at UBS. Triumph Group is trading flat in pre-market action.

RBC upgraded GenOn Energy (NYSE:GEN) from Sector Perform to Outperform. Placing a $8 target in the stock.

Deutsche Bank upgraded Central European Media (NASDAQ:CETV) to Buy from Hold. Deutsche Bank place a target of $24.

Focus Media (NASDAQ:FMCN) was upgraded to Buy from Neutral at Goldman Sachs. The stock definitely requiring the boost today given yesterday decline of more than 5%.

Alumina (NYSE:AWC 8.37) was upgraded to Buy from Hold at RBS.

Few Downgrades this morning

Johnson & Johnson (NYSE:JNJ) was downgraded to Market Perform from Outperform at Wells Fargo.

Also Wells Fargo downgraded Paychex (NASDAQ:PAYX) downgraded to Market Perform from Outperform at Wells Fargo.

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