This morning, Goldman Sachs raised its price target on shares of Chicago Bridge & Iron (NYSE:CBI) to $34 as sales continue to improve at the company. With the higher price target, Goldman raised its EPS estimates through 2012 while maintaining its buy rating.
Shares of CBI were trading higher on the news, picking up 0.8% so far.
And Citigroup initiated coverage on shares of Alaska Air (NYSE:ALK) with a buy rating as the airline has been able to generate strong cash flows and excellent earnings. With the buy rating, Citigroup set its price target at $75 per share.
In morning trading, shares of Alaska Air were slightly higher, up 0.2% today.
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