This morning, UBS increased its EPS estimates on shares of Oracle (NYSE:ORCL) as the company is seeing better operating margins. In the report, UBS also set a $37 price target. Shares of Oracle were lower on Thursday, slipping 0.8% so far.
Credit Suisse increased its price target on shares of FedEx (NYSE:FDX) to $115 as international growth may be the next driver for earnings. In the report, Credit Suisse maintained its neutral rating. Shares of FDX were modestly higher today, trading just above $116 per share.
And Morgan Stanley upgraded shares of Time Warner (NYSE:TWX) from equal weight to overweight as the spin off of the publishing unit could unlock shareholder value on the television side of the business. With the upgrade, Morgan Stanley set a $72 price target. Shares of Time Warner were higher by 1.9% on the news.
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