This morning, BMO Capital upgraded shares of Volcano (NASDAQ:VOLC) from market perform to outperform as the stock is attractively priced given the near-term earnings expectations. With the upgrade, BMO set a $28 price target. Shares of Volcano were higher by 3.3% on the news.
UBS increased its price target on shares of Aetna (NYSE:AET) to $76 as the trends seen with medical claims are encouraging. In the report, UBS increased its EPS estimates as well. Shares of Aetna were lower on Tuesday, falling 2% despite the report.
And JP Morgan upgraded shares of Mead Johnson Nutrition (NYSE:MJN) from neutral to overweight as the company's sales growth is being overly discounted by Chinese government issues. In the report, JP Morgan set a $88 price target. Shares of Mead Johnson were higher by 0.8% on the news.
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