This morning, BMO Capital increased its price target on shares of Electronic Arts (NASDAQ:EA) to $30 as sales have increased, yet costs remain under control. In the report, BMO raised its EPS estimates as well. Shares of EA were higher by 8.5% today.
UBS increased its price target on shares of TD Ameritrade (NYSE:AMTD) to $27 as the company could see revenues climb as interest rates go higher. With the higher price target,, UBS also increased its EPS estimates. Shares of TD Ameritrade were flat on Wednesday, trading just above the new price target.
And Goldman Sachs upgraded shares of Wendy's (NASDAQ:WEN) from sell to neutral following encouraging earnings from the company. In the report, Goldman noted that the new franchising model will benefit earnings and set a price target of $7.50. Shares of Wendy's were higher again today, picking up 0.5%.
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