This morning, Credit Suisse increased its price target on shares of Transocean (NYSE:RIG) to $60 as the company's cost cutting efforts will results in higher earnings. In the report, Credit Suisse revised its EPS estimates higher but maintained its neutral rating. Shares of Transocean were trading lower on Friday morning, off 0.4%.
Jefferies increased its price target on shares of Anadarko Petroleum from $96 up to $111 as the company has a number of positive catalysts working in its favor to justify a higher valuation multiple. In the report, Jefferies increased its EPS estimates through 2014 and reiterated its buy rating. Shares of APC were lower on Friday, slipping 1.1% so far.
And Wells Fargo upgraded shares of Boston Scientific (NYSE:BSX) from market perform to outperform as the company's product pipeline remains solid. Shares of BSX were higher on the news, picking up 1.9% today.
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