This morning, Bank of America lowered its price target on shares of Skyworks Solutions (NASDAQ:SWKS) to $32 as overseas growth is slowing. With the lower price target, Bank of America slashed its EPS estimates through 2014, but maintained its buy rating.
Shares of SWKS were higher, despite the report, gaining 4.1% today.
And Jefferies lowered its price target on shares of Norfolk Southern (NYSE:NSC) to $75 following the disappointing outlook from the company. In the report, the firm also reduced its EPS estimates and reiterated its hold rating.
Shares of NSC were lower on Friday, falling 0.6% today.
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