This morning, BMO Capital increased its price target on shares of Kraft Foods (KRFT) to $61 as long term growth initiatives are being taken through better brand building efforts. Shares of Kraft Foods were lower with the markets today, falling 0.9%.
Oppenheimer increased its price target on shares of Comcast (NASDAQ:CMCSA) to $52 after the company posted strong second quarter results fueled by the completed acquisition of NBCUniversal. In the report, Oppenheimer noted that margins were better than expected. Shares of Comcast were pulling back today after yesterday's gains, falling 0.4% so far.
And Cantor Fitzgerald upgraded shares of LinkedIn (LNKD) from hold to buy noting that the company's growth story is progressing nicely. In the report, Cantor Fitzgerald set a $250 price target. Shares of LinkedIn were sharply higher on Friday, gaining more than 10% today.
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