This morning, Cowen upgraded shares of SunPower (NASDAQ:SPWR) from neutral to outperform as the company expands its sales reach into Africa, the Middle East and Latin America. Shares of SunPower were higher on Thursday, climbing 1.1% so far.
UBS increased its price target on shares of Urban Outfitters (NASDAQ:URBN) to $46 as strong sales, especially at Anthropology, are being seen this year. In the report, UBS increased its EPS estimates as well. Shares of Urban Outfitters were lower this morning, falling 0.8% despite the report.
And Sterne Agee increased its price target on shares of Coach (COH) to $65 as improvements to the core handbag business are being seen. In the report, Sterne Agee increased its EPS estimates through 2014 and reiterated its buy rating. Shares of Coach were modestly lower this morning, falling 0.3%.
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