This morning, Oppenheimer upgraded shares of GameStop (NYSE:GME) from perform to outperform as the upcoming launch of Microsoft's Xbox One and Sony's PS4 will be catalysts for sales growth. With the upgrade, Oppenheimer set a $40 price target. Shares of GameStop were sharply higher on Friday, picking up more than 4% so far.
Credit Suisse upgraded shares of SolarCity (SCTY) from neutral to outperform as it is likely that California will continue to support solar energy projects. With the upgrade, Credit Suisse set a $52 price target. Shares of SolarCity were higher by more than 6.5% today.
And UBS increased its price target on shares of Gannett (NYSE:GCI) to $27 following the acquisition of Belo (BLC). In the report, UBS increased its EPS estimates through 2014 as well. Shares of Gannett were lower buy 3.3%, following Thursday's strong performance.
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