This morning, Bank of America upgraded shares of American Capital Agency (NASDAQ:AGNC) from underperform to neutral as interest rates have improved in the sector. With the upgrade, Bank of America raised its price target to $25 per share.
In morning trading, shares of AGNC were heading higher, adding 0.3% so far.
JP Morgan initiated coverage on shares of Tesla Motors (NASDAQ:TSLA) with an overweight rating as the firm believes the Model S could change the way consumers view cars by 2012. With the overweight rating, JP Morgan set a price target of $25.
Shares of Telsa Motors were trading higher, gaining 0.6% today.
And investment firm Needman & Company raised its price target on shares of Apple (NASDAQ:AAPL) to $375 per share as iPad and Mac sales continue to grow at steady rates. With the higher price target, the firm maintained its buy rating.
Shares of Apple were inching higher, up about 0.2%.
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