This morning, JP Morgan upgraded shares of Ingersoll Rand (NYSE:IR) from neutral to overweight as the company is leveraged to an improving economy. With the ugprade, JP Morgan set a $72 price target. Shares of Ingersoll Rand were lower with the markets, falling 0.9% today.
UBS upgraded shares of Marriott (NASDAQ:MAR) from neutral to buy as positive North American trends will improve earnings over time. With the upgrade, UBS set a new $52 price target. Shares of Marriott were higher on the news, picking up 2.8% so far.
And BMO Capital upgraded shares of Revlon (NYSE:REV) from perform to outperform as the acquisition of the Comer Group in August will have a positive effect on earnings starting in 2014. With the upgrade, BMO set a $31 price target. Shares of Revlon were higher by 3.1% on the news.
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