Filed under: Before the bell, Analyst upgrades and downgrades, Microsoft (MSFT), Apple Inc (AAPL), CIT Group (CIT), Amer Intl Group (AIG), Level 3 Communications (LVLT)

Citigroup has added Apple (NASDAQ: AAPL) to its “Top Picks” list, according to Briefing.com. The news service also reports that RBC downgraded Microsoft (NASDAQ: MSFT) to “sector perform” from “outperform.”

KBW downgraded American Express (NYSE: AXP) from “outperform” to “market perform,” according to Briefing.com. The website also said that Credit Suisse downgraded Level 3 (NASDAQ: LVLT) to “neutral” from “outperform.”

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