This morning, Morgan Stanley upgraded shares of Access Midstream Partners (ACMP) from equal weight to overweight following last week's acquisition of $2.7 billion in assets from Chesapeake Energy (NYSE:CHK). with the upgrade, Morgan Stanley increased its price target to $39 per share.
In morning trading, shares of ACMP were higher by 2%.
And Bank of America increased its price target on shares of Apple (NASDAQ:AAPL) to $840 citing stronger-than-expected demand for the new iPhone 5. With the higher price target, Bank of America increased its EPS estimates through 2014 and reiterated its buy rating.
Shares of Apple were flat on Tuesday morning, trading just below the $700 mark.
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