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Upgrades and downgrades before the market open
Upgrades:
AT&T (T) upgraded to Hold from Reduce at HSBC Securities
Downgrades:
Walt Disney (DIS) downgraded to Hold from Buy at Drexel Hamilton
Twitter (TWTR) downgraded to Underperform from Perform at Oppenheimer
Other:
NIKE (NKE) removed from Focus List at JP Morgan
Amazon (AMZN) target raised to $960 from $900 at Cowen; maintain Outperform
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