This morning, Morgan Stanley upgraded shares of Chipotle (NYSE:CMG) to an overweight rating as the company can still boost margins with price increases. With the upgrade, Morgan Stanley set a $485 price target. Shares of Chipotle were higher by 2.1% on the news.
Oppenheimer upgraded shares of ARIAD Pharmaceuticals (NASDAQ:ARIA) from perform to outperform as the company has a strong pipeline of products to drive short term growth. With the upgrade, Oppenheimer set a $24 price target. Shares of ARIA were lower with the markets today, falling 0.2%.
And Jefferies increased its price target on shares of Ametek (NYSE:AME) to $53 as improving sales will drive earnings. With the higher price target, Jefferies reiterated its buy rating. Shares of Ametek were higher by 0.4% on Monday.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.