This morning, Goldman Sachs raised its price target on shares of Eaton Vance (NYSE:EV) to $29 as margins for the asset manager were higher than originally anticipated in the third quarter. With the higher price target, however, Goldman maintained its neutral rating.
Shares of Eaton Vance were trading above the firm's price target on Wednesday, higher by about 0.7% so far.
And Credit Suisse raised its EPS estimates on shares of Guess? (NYSE:GES) through 2012 as the company continues to perform well in the sector. The retailer posted solid results last night and guided for strong margin growth over future quarters. With the higher earnings estimates, Credit Suisse set its price target at $60 per share while maintaining its outperform rating.
Shares of Guess? were sharply higher on the news, climbing more than 7% so far today.
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