This morning, Jefferies increased its price target on shares of Apple (NASDAQ:AAPL) to $650 as the sale of iPhones in China has led the company to increase its manufacturing plans for Q1. In the report, Jefferies reiterated its buy rating. Shares of Apple were higher on Monday, climbing 1.2% so far.
UBS increased its price target on shares of Expedia (NASDAQ:EXPE) to $74 after the company increased its own guidance. In the report, UBS noted that the company is focused on creating long-term value for shareholders and maintained its buy rating. Shares of Expedia were higher by 4.1% on the news.
BMO Capital upgraded shares of St. Jude Medical (STJ) from market perform to outperform as the company is launching new products. In the report, BMO set a $66 price target. Shares of STJ were higher by 2.1% on Monday.
And Canaccord Genuity upgraded shares of Tiffany (TIF) from sell to hold as the company could see better gross margins going forward. In the report, Canaccord set a $83 price target. Shares of Tiffany were higher by 1.5% today.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.