This morning, Piper Jaffray raised its price target on shares of Hologic (NASDAQ:HOLX) to $24 as the stock appears undervalued. Based on Wall Street's earnings estimates, the stock should trade higher and the firm reiterated its overweight rating.
Shares of Hologic were higher on the news, picking up 0.8% so far.
Wunderlich Securities initiated coverage on shares of El Paso Pipeline Partners (NYSE:EPB) with a buy rating as the company is expect to grow its distribution considerably over the next few years. With the buy rating, the firm set its price target at $40 per share.
In morning trading, shares of EPB were climbing, gaining 1.1% on Thursday.
And Piper Jaffray raised its price target on shares of EMC (NYSE:EMC) to $26 as spending on data storage should remain high for the next several quarters. With the higher price target, Piper maintained its overweight rating on the stock.
Shares of EMC were flat despite the report, falling just a penny so far today.
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