This morning, Citigroup increased its price target on shares of Google (NASDAQ:GOOG) to $680 as revenue growth continues to accelerate. With the higher price target, Citigroup maintained its buy rating and increased its EPS esimtates.
Shares of Google were higher on Friday, climbing 5.9% so far.
Macquarie initiated coverage on shares of IBM (NYSE:IBM) with an outperform rating as the firm expects earnings to continue to grow. With the outperform rating, the firm set a price target of $210.
Shares of IBM were higher today, picking up 1%.
And Goldman Sachs increased its EPS estimates on share sof Mead Johnson (NYSE:MJN) through 2013 to match the company's improved guidance. In the report, Goldman maintained its neutral rating and set a new $80 price target.
Shares of MJN were modestly higher, gaining 0.4% today.
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