This morning, UBS increased its price target on shares of Walgreen (NYSE:WAG) to $39 following strong earnings from the company yesterday morning. With the higher price target, UBS increased its EPS estimates and reiterated its buy rating.
Shares of Walgreen were higher on Wednesday, picking up 0.8% so far.
And Morgan Stanley increased its EPS estimates on shares of VMWare (NYSE:VMW) through 2013 as the firm expects growth rates in excess of 20% for the next few years. In the report, Morgan Stanley maintained its overweight rating and set a new $130 price target.
Shares of VMWare were higher on the news, gaining 1% today.
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