This morning, UBS increased its price target on shares of SandRidge Energy (NYSE:SD) to $6.50 as lower costs and higher gas production should lift earnings. In the report, UBS raised its EPS estimates and maintained its neutral rating. Shares of SandRidge were lower on Wednesday, falling nearly 8% so far.
Canaccord Genuity upgraded shares of T-Mobile USA (NASDAQ:TMUS) to a buy rating as the company is seeing better subscription growth. In the report, Canaccord set a $33 price target. Shares of T-Mobile USA were higher by 0.6% today.
And Sterne Agee upgraded shares of Cardinal Health (NYSE:CAH) from neutral to buy as the company should be able to deliver earnings growth that is better than the S&P 500. With the upgrade, Sterne Agee set a $73 price target. Shares of Cardinal Health were higher by 0.7% on the news.
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