This morning, Canaccord Genuity increased its price target on shares of Apple (NASDAQ:AAPL) to $600 as demand for both iPads and the iPhone 5 are greater than original expected. In the report, Canaccord increased its EPS estimates as well and maintained its buy rating. Shares of Apple were higher by 0.4% on the news.
UBS increased its price target on shares of Johnson Controls (NYSE:JCI) to $52 as better margins and sales could be possible in 2014. With the higher price target, UBS increased its EPS estimates and maintained its neutral rating. Shares of JCI were higher by 0.6% on Thursday.
And Credit Suisse increased its price target on shares of Allergan (NYSE:AGN) to $112 as management's turnaround efforts are showing signs of success. In the report, Credit Suisse maintained its outperform rating. Shares of Allergan were higher by 0.5% on the news.
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