Filed under: Before the bell, Analyst upgrades and downgrades, Yahoo! (YHOO), Bank of America (BAC), CIGNA Corp (CI)

JP Morgan cut Philips (NYSE:PHG) from “overweight” to “neutral” according to MarketWatch.

Merrill Lynch downgraded Bank of America (NYSE:BAC) from “neutral” to “sell” according to Briefing.com. The news service also writes that Citigroup upgraded Yahoo! (NASDAQ:YHOO) from “hold” to “buy”.

CIGNA (NYSE:CI) was raised to “outperform” at Credit Suisse according to 247wallst.com.

Douglas A. McIntyre

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