This morning, BMO upgraded shares of SanDisk (SNDK) from underperform to market perform as the sector is seeing inventories shrink. With the upgrade, BMO set a $70 price target. Shares of SanDisk were lower, despite the report, falling 1.6% today.
Sterne Agee increased its price target on shares of Whole Foods (WFM) to $71 as channel checks revealed strong traffic to the stores. With the higher price target, Sterne Agee maintained its buy rating. Shares of WFM were higher by 1% on Tuesday.
And JP Morgan increased its price target on shares of Netflix (NASDAQ:NFLX) to $460 as the company continues to execute its strategy perfectly. With the higher price target, JP Morgan maintained its overweight rating. Shares of NFLX reversed course this morning after hitting a new all-time high and are currently down more than 4%.
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