This morning, Goldman Sachs added Abbvie (NYSE:ABBV) to its Conviction Buy List noting that the company has an attractive pipeline of products. In the report, Goldman set a $60 price target. Shares of Abbvie were higher by 2.8% on Tuesday.
Sterne Agee increased its price target on shares of Chipotle (NYSE:CMG) to $603 as new revenue streams from its catering business will lift earnings at the fast food chain. In the report, Sterne Agee reiterated its buy rating. Shares of Chipotle were modestly lower on Tuesday, falling 0.2%.
UBS upgraded shares of Apple (NASDAQ:AAPL) from neutral to buy as news that China Mobile (NYSE:CHL) has begun taking pre-orders for the iPhone. In the report, UBS set a price target of $650. Shares of Apple were higher again today, gaining 1.6% so far.
And FBR Capital initiated coverage on shares of 3D Systems (NYSE:DDD) with an outperform rating as customer demand is higher than originally anticipated. In the report, FBR set a $85 price target. Shares of 3D Systems were lower this afternoon, slipping 0.5% today.
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