Merrill Lynch has reiterated its "underperform" rating on Bank of America (NYSE: BAC) and dropped its price target to $28 from $29, according to MarketWatch.
Wachovia has upgraded Morgan Stanley (NYSE: MS) to "outperform" from "market perform", according to Briefing.com. The news service also reports that Oppenheimer downgraded Marriott (NYSE: MAR) to "perform" from "market perform."
Morgan Stanley has upgraded Royal Bank of Scotland (NYSE: RBS) to "overweight" from "underweight," according to StreetInsider.com.
Douglas A. McIntyre is an editor at 247wallst.com.
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