This morning, Stifel Nicolaus increased its price target on shares of Cisco (NASDAQ:CSCO) to $28 as momentum coming from internal research and development efforts could fuel future earnings growth at the company. Shares of Cisco were higher by 0.7% on Thursday.
BMO raised its price target on shares of General Mills (NYSE:GIS) to $52 as the company is seeing better earnings and stronger margins. With the higher price target, BMO reiterated its outperform rating. Shares of General Mills were higher by 0.8% on the news.
And Wedbush Morgan increased its EPS estimates on shares of Bed, Bath & Beyond (BBBY) through 2014 as the company will likely increase its share repurchase program. In the report, Wedbush increased its price target to $85 and maintained its outperform rating. Shares of Bed, Bath & Beyond were modestly lower today, trading just below $70 per share.
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