This morning, Citigroup raised its price target on shares of Burger King Holdings (BKC) to $24, matching the price 3G Capital offered to buy the company for. In the report, Citigroup maintained its hold rating as shares are trading near the buyout price.
In morning trading, BKC shares were modestly lower, falling to $23.54.
KeyBanc Capital upgraded shares of The Buckle (NYSE:BKE) from underweight to hold as the firm expects the company to announce a special dividend soon. With the upgrade, however, the firm warns of high short interest in this stock that could lead to volatility.
Shares of The Buckle were higher on the upgrade, gaining 4.7% on Friday.
And Credit Suisse raised its price target on shares of Finisar (NASDAQ:FNSR) to $20 following strong quarterly earnings from the company. The firm sees a strong rebound coming as demand has been strong and maintained its neutral rating on the stock.
Shares of Finisar were sharply higher on Friday morning, gaining almost 14%.
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