This morning, Cantor Fitzgerald increased its EPS estimates on shares of MGM Resorts (NYSE:MGM) through 2014 as both Macau and Las Vegas remain strong markets for the company. In the report, Cantor Fitzgerald reiterated its buy rating and set a new $23 price target. Shares of MGM were higher by 1.4% on the news.
Bank of America increased its price target on shares of Nike (NYSE:NKE) to $75 as the stock has future upside with the potential for new orders. In the report, Bank of America maintained its buy rating. Shares of Nike were higher by 0.7% today.
And Jefferies upgraded shares of the CIT Group (NYSE:CIT) from hold to buy as the stock should trade at a greater multiple to book value. In the report, Jefferies set a $65 price target. Shares of CIT were higher by 2.7% on Tuesday.
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