Market news
09.10.2012, 12:59

Upgrades and downgrades before the market open:

Johnson & Johnson downgraded to Sell from Neutral at Goldman  
Intel downgraded to Underperform from Mkt Perform at Bernstein
Apple is initiated a Neutral at Nomura
IBM initiated with a Buy at Citigroup; tgt $250
HPQ initiated with Sells at Citigroup
Caterpillar initiated with a Neutral at Piper Jaffray

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