This morning, Citigroup upgraded shares of PPL Corporation (NYSE:PPL) from hold to buy as input costs are on the decline. With the upgrade, the firm also raised its price target from $28.50 per share up to $30.50.
Shares of PPL were trading lower on Thursday, off about 1.3%.
And Barclays upped its price target on shares of Joy Global (JOYG) to $74 per share following strong fiscal third quarter result from the company. With the higher price target, Barclays also increased its 2010 EPS estimates to $4.15 per share.
Joy Global shares were higher on the news, gaining about 2.5%.
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