This morning, Morgan Stanley raised its EPS estimates on shares of InterOil (IOC) through 2012 following the recent financing the company received. Morgan Stanley remains very bullish on the stock with its overweight rating and its $135 price target.
Shares of InterOil were climbing today, gaining 2.7% so far today.
UBS raised its price target on shares of Wal-Mart (NYSE:WMT) to $61 as sales continue to climb at the retail giant. With the higher price target, UBS raised its EPS estimates and reiterated its buy rating on the stock.
Shares of Wal-Mart were lower, despite the positive report, falling 0.7%.
And FBR raised its price target on shares of Marvel Technology (NASDAQ:MRVL) to $25 as the company is seeing higher demand across certain sectors. With the higher price target, FBR upped its EPS estimates and reiterated its outperform rating on the stock.
Shares of Marvell were higher this morning, gaining 0.7% on the news.
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