This morning, Credit Suisse upgraded shares of EOG Resources (NYSE:EOG) from neutral to outperform as the higher production forecast will translate into higher earnings. With the upgrade, Credit Suisse set a $175 price target. Shares of EOG were modestly higher on the news, picking up 0.2% so far.
And JP Morgan upgraded shares of Masco (NYSE:MAS) from neutral to overweight as the company should be able to do better than the very conservative guidance suggests. With the upgrade, JP Morgan set a $21 price target. Shares of Masco were higher by 1.5% on the news.
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