Filed under: Before the bell, Analyst upgrades and downgrades, Coca-Cola (KO), Walgreen Co (WAG), Level 3 Communications (LVLT)

Citigroup upgraded Moody’s (NYSE: MCO) to “buy” saying “the company’s earnings outlook is favorable,” according to MarketWatch.

Bear Stearns upgraded Coca-Cola (NYSE: KO) to “outperform” from “peer perform,” according to Briefing.com. The news service also reports that Merriman downgraded Level 3 (NASDAQ: LVLT) to “neutral” from “buy.”

Walgreen (NYSE: WAG) was raised to “buy” from “neutral” at UBS, according to Breifing.com.

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