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Upgrades and downgrades before the market open
Upgrades:
UnitedHealth (UNH) upgraded to Buy from Hold at Jefferies, target $141
Freeport-McMoRan (FCX) upgraded to Buy from Neutral at Citigroup
Downgrades:
Freeport-McMoRan (FCX) downgraded to Underperform from Neutral at BofA/Merrill
Other:
General Electric (GE) reiterated at Outperform at Credit Suisse, target raised from $29 to $31
Walt Disney (DIS) reiterated at Buy at Nomura, target raised from $110 to $120
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