This morning, Sterne Agee upgraded shares of Five Below (NASDAQ:FIVE) to a buy rating as the retailer has room to expand margins and grow sales. In the report, Sterne Agee set a $56 price target. Shares of Five Below were higher by 3.5% on the news.
MKM Partners initiated coverage on shares of Angie's List (NASDAQ:ANGI) with a buy rating as the company is the clear market leader and has the ability to grow earnings over the next several years. With the buy rating, MKM set a $34 price target. Shares of Angie's List were sharply lower on Thursday, falling more than 13% so far.
And Bank of America initiated coverage on shares of NPS Pharmaceuticals (NASDAQ:NPSP) with a buy rating as the company's focus on rare diseases will drive earnings and growth. With the buy rating, Bank of America set a $46 price target. Shares of NPSP were higher by 4.4% today.
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