This morning, Sterne Agee reduced its EPS estimates on shares of Macy's (NYSE:M) through 2014 as mall traffic remains weak nationwide. In the report, Sterne Agee maintained its buy rating, but set a new $52 price target. Shares of Macy's were lower on the report, slipping 1.3% today.
UBS lowered its price target on shares of Northern Tier Energy (NTI) to $28 following the reports of a fire at the St. Paul refinery over the weekend. Shares of NTI were flat on Tuesday, trading right around $18.50.
And Credit Suisse lowered its price target on shares of Superior Energy (NYSE:SPN) to $33 as oil services activity are falling behind expectations. Despite the lower price target, Credit Suisse maintained its outperform rating. Shares of SPN were lower by 1.9% on the news.
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