This morning, Credit Suisse increased its price target on shares of Procter & Gamble (NYSE:PG) to $85 as AG Lafley's return to the CEO position warrants a higher earnings multiple. Shares of Procter & Gamble were lower by 0.7% today.
Citigroup increased its price target on shares of CH Robinson Worldwide (NASDAQ:CHRW) to $59 as margin pressures should begin to subside going into the second half of the year. With the higher price target, Citigroup also increased its EPS estimates. Shares of CH Robinson were higher by 0.6% and trading just above the new price target.
And Drexel Hamiliton upgraded shares of Texas Instruments (NASDAQ:TXN) from hold to buy citing strong inventory controls and improving market conditions. With the upgrade, the firm set a $40 price target. Shares of TXN were higher by 1.3% on the news.
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