This morning, Morgan Stanley reduced its EPS estimates on shares of Aflac (AFL) through 2013 following weaker=than-expected guidance from the company. With the lower earnings estimates, Morgan Stanley maintained its overweight rating, but set a new price target of $64 per share.
Shares of Aflac were modestly higher on Thursday, gaining 0.4% so far.
Goldman Sachs lowered its price target on shares of Deere (DE) to $104 as higher production costs could impact earnings at the company. With the lower price target, Goldman lowere its EPS estimates but maintained its neutral rating.
Shares of Deere were modestly lower on the news, falling 0.2% today.
And Citigroup reduced its price target on shares of Eaton Vance (EV) to $29 as assets under management could shrink if the economy falters. With the lower price target, Citigroup maintained its sell rating on the stock.
Shares of Eaton Vance were inching lower on Thursday, falling 0.1% so far.
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