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.
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.