This morning, Morgan Stanley upgraded shares of Zoetis (NYSE:ZTS) from equal weight to overweight as the company should be able to accelerate revenue growth in 2014. With the upgrade, Morgan Stanley set a $36 price target. Shares of Zoetis were higher by 1.4% on the news.
Jefferies increased its price target on shares of Barrick Gold (NYSE:ABX) to $17 as the firm is factoring in higher gold prices going forward. In the report, Jefferies maintained its hold rating. Shares of Barrick Gold were higher by 0.6% today.
And BMO Capital increased its EPS estimates on shares of Apple (NASDAQ:AAPL) through 2014 as the company's pricing power will translate into stronger earnings. In the report, BMO maintained its outperform rating and set a new $508 price target. Shares of Apple were lower this morning, slipping 0.6% so far.
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