This morning, UBS increased its price target on shares of CBS (NYSE:CBS) to $33 as the firm sees ad demand increasing through the first half of 2012. In the report, UBS raised its EPS estiamtes and reiterated its buy rating.
Shares of CBS were lower despite the report, falling 2.2% on Thursday.
And Credit Suisse increased its EPS estimates on shares of Cree (NASDAQ:CREE) through 2013 as the company continues to lower expenses. In the report, Credit Suisse reiterated its neurtal rating and set a new price target of $31 per share.
In morning trading, shares of Cree were higher, picking up 3.2% so far.
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