This morning, Citigroup upgraded shares of Xerox (NYSE:XRX) from neutral to buy as the company will benefit from Obamacare in 2014 when the new healthcare program begins. With the upgrade, Citigroup set a new price target of $13 per share. Shares of Xerox were higher on Tuesday, picking up nearly 2% so far.
William Blair initiated coverage on shares of RetailMeNot (NASDAQ:SALE) with an outperform rating. In the report. William Blair noted that the company is on the forefront of the internet coupon market -- a market with tremendous upside from here. Shares of RetailMeNot were trading relatively flat this morning, off just a few pennies.
And Sterne Agee upgraded shares of Rockwell Collins (NYSE:COL) to a buy rating as the aerospace sector will provide the company with long-term earnings power. In the report, Sterne Agee set a $88 price target. Shares of Rockwell Collins were lower by 0.5% and trading just below $73.
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