This morning, UBS increased its price target on shares of Corning (NYSE:GLW) to $19.50 following the company's announcement that it had increased its earnings guidance for 2014. In the report, UBS raised its own EPS estimates on Corning and reiterated its buy rating. Shares of GLW were lower on Friday, slipping 0.7%.
Jefferies increased its price target on shares of Ford (NYSE:F) to $21 following stronger-than-expected earnings this week. With the higher price target, Jefferies increased its EPS estimates into 2014 while maintaining its buy rating. Shares of Ford were also lower today, falling 1.4% so far.
BMO Capital upgraded shares of Forest Laboratories (NYSE:FRX) from underperform to market perform as management changes should allow the company to unlock value for shareholders. With the upgrade, BMO set a $33 price target. Shares of FRX were flat today.
And Credit Suisse increased its price target on shares of Hershey (NYSE:HSY) to $109 as the company's volumes are increasing. With the higher price target, Credit Suisse maintained its outperform rating. Shares of Hershey were higher by 0.3% today.
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