This morning, Goldman Sachs upgraded shares of Corning (NYSE:GLW) from neutral to buy as the company should see earnings improve as capital spending declines. With the upgrade, Goldman set a price target of $16 per share.
In morning trading, shares of GLW were higher, picking up 3.5% so far.
And Credit Suisse upgraded shares of Marathon Oil (NYSE:MRO) from neutral to outperform as the Paloma acquisition should be accretive to earnings. With the upgrade, Credit Suisse set a price target of $37.
Shares of Marathon Oil were flat this morning, trading just above $30 per share.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.