This morning, Jefferies increased its price target on shares of Best Buy (NYSE:BBY) to $52 as the reallocation of shelf space should help improve both sales and earnings. In the report, Jefferies raised its EPS estimates as well and reiterated its buy rating. Shares of Best Buy were higher on the news, climbing 3.1% so far.
UBS increased its price target on shares of Monsanto (MON) to $118 as margins on soybeans and international corn are expanding. In the report, UBS maintained its buy rating. Shares of Monsanto were lower on Monday, falling 0.6%.
And Morgan Stanley upgraded shares of Energizer (NYSE:ENR) from equal weight to overweight as the company's earnings visibility warrants a higher multiple for the stock price. In the report, Morgan Stanley set a $117 price target. Shares of Energizer were higher today, gaining 3.7%.
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