Kellogg (NYSE:K) was downgraded by Credit Suisse (NYSE:CS) to underperform from neutral as the stock price has risen above the previously set $55 price target.
Shares are lower by about a quarter of a percent.
Apple (NASDAQ:AAPL) had its price target and estimates reduced by Bank of America/Merrill Lynch (NYSE:BAC) due to increased competition in the smartphone market. A $630 price target was issued with a buy rating.
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