Analyst Moves: AEO, DRQThursday, March 7, 4:12 PM ET
American Eagle (NYSE:AEO ) had its estimates for fiscal 2013 and fiscal 2014 increased by UBS as the firm believes that an increased fashion mix during 2013 should lead to higher margins. A $23 price target was set.
Shares are higher by about two tenths of a percent.
Dril-Quip (NYSE:DRQ ) was upgraded to buy from underperform by Bank of America/Merrill Lynch (NYSE:BAC ) with a price target of $101 as earnings are expected to be strong over the next three years.
Shares are higher by about 2.9 percent.
For MarketNewsVideo.com, I'm Tracey Fitzpatrick.
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