Before the Open (Feb 12)

Good morning. Happy Monday. Hope you had a good weekend.
The Asian/Pacific markets closed mostly up. Japan was weak, but China, South Korea, India and Thailand did well. Europe, Africa and the Middle East are currently mostly up. Denmark is up more than 2%; the UK, Poland, France, Turkey, Germany, Finland, Russia, Switzerland, Norway, Spain, the Netherlands, Belgium, Portugal, Austria, Sweden and Saudi Arabia are each up more than 1%. Futures in the States point towards a relatively big gap up open for the cash market.
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Podcast: with Chat With Traders
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The dollar is down. Bitcoin is up. Oil and copper are up. Gold and silver are up. Bonds are down.
Stock headlines from barchart.com…
American Express (AXP +3.83%) was upgraded to ‘Buy’ from ‘Neutral’ at Nomura Instinet with a 12-month target price of $108.
Dunkin’ Brands Group (DNKN -1.00%) was upgraded to ‘Outperform’ from ‘Market Perform’ at BMO Capital Markets with a price target of $69.
Molson Coors (TAP -0.40%) was upgraded to ‘Outperform’ from ‘Neutral’ at Credit Suisse with a price target of $94.
T-Mobile (TMUS +0.54%) was upgraded to ‘Strong Buy’ from ‘Outperform’ at Raymond James with a 12-month target price of $76.
Manitowoc (MTW -0.09%) was downgraded to ‘Underweight’ from ‘Neutral’ at JPMorgan Chase.
iRobot (IRBT -3.18%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Raymond James with a 12-month target price of $75.
Lumber Liquidators (LL +5.04%) was downgraded to ‘Neutral’ from ‘Outperform’ at Wedbush.
Unisys (UIS +18.56%) was downgraded to ‘Neutral’ from ‘Positive’ at Susquehanna Financial.
American International Group reported a 7.9% passive stake in Macy’s (M +0.62%) .
CDJK Global (CDK +0.29%) may move higher this morning after people with knowledge of the matter said a buyout group led by Carlyle Group and Silver Lake are nearing an agreement to acquire CDK Global.
Quidel (QDEL +3.27%) holder Jack Schuler boosted his stake in Quidel to 12.9% from 10.04% on Jan 22.
Arrowhead Pharma (ARWR -1.24%) reported a Q1 loss per share of -18 cents, wider than consensus of -16 cents.
Today’s Economic Calendar
2:00 PM Treasury Budget
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY