This morning, Goldman Sachs raised its price target on shares of Cardianl Health (NYSE:CAH) to $40 as the company's recent acquisition is expected be accretive to earnings. With the higher price target, Goldman also raised its EPS estimates but maintained its neutral rating.
Shares of Cardinal Health were higher on the news, climbing 1.6% so far.
And Morgan Stanley raised its EPS estimates on shares of Capital One (NYSE:COF) through 2012 as loan origination should pick up as the economy improves. With the higher EPS estimates, Morgan Stanley maintained its equal weight rating, but increased its price target to $47 per share.
In morning trading, shares of Capital One were showing strength, gaining 3.5% on Friday.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.