This morning, Goldman Sachs increased its price target on shares of Apple (NASDAQ:AAPL) to $560 as the newest version of the iPhone has seen strong demand. In the report, Goldman increased its EPS estimates through 2014 and reiterated its buy rating. Shares of Apple were flat on Tuesday morning, trading just above $490 per share.
Citigroup upgraded shares of Facebook (NASDAQ:FB) from neutral to buy as channel checks with advertisers has shown encouraging and sustainable drivers of growth. With the upgrade, Citigroup increased its price target to $55 per share. Shares of Facebook were higher by nearly 4% on the news.
And BMO Capital increased its price target on shares of Amgen (NASDAQ:AMGN) to $116 as the company's pipeline continues to show encouraging results. In the report, BMO maintained its market perform rating. Shares of Amgen were higher by 0.4% today.
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