This morning, Jefferies increased its EPS estimates on shares of JM Smucker (NYSE:SJM) through 2014 as the company is seeing better-than-expected sales growth. In the report, Jefferies maintained its hold rating and set a new $101 price target. Shares of SJM were lower, despite the report, slipping 0.8% so far today.
BMO Capital increased its price target on shares of Lowe's (NYSE:LOW) to $50 following stronger-than-expected second quarter earnings and raised guidance this week. In the report, BMO maintained its market perform rating as well. Shares of Lowe's were higher by 2.3% today.
And Bank of America increased its price target on shares of Illumina (NASDAQ:ILMN) to $90 as the company is seeing better sales growth and lower operating costs. With the higher price target, Bank of America increased its EPS estimates and reiterated its buy rating. Shares of Illumina were higher by 2.4% on the news.
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