This morning, Credit Suisse increased its price target on shares of Conagra (NYSE:CAG) to $35 as management's efforts to improve merchandising is starting to pay off. In the report, Credit Suisse increased its EPS estimates and maintained its neutral rating. Shares of Conagra were higher on Friday, gaining 0.9% so far.
UBS increased its price target on shares of KB Home (NYSE:KBH) to $15 as higher home prices will translate into greater earnings for the company. In the report, UBS increased its EPS estimates as well. Shares of KB Home were higher on the news, climbing 2.6% today.
BMO Capital increased its price target on shares of Accenture (NYSE:ACN) to $82 as the company is seeing stronger bookings. In the report, BMO noted that a more active M&A market will further help the company and set a market perform rating. Shares of Accenture were higher by 1% on Friday.
And Wedbush Morgan increased its EPS estimates on shares of Sotheby's (NYSE:BID) through 2014 as the company is seeing strong auction results. In the report, Wedbush reiterated its outperform rating and set a new $60 price target. Shares of Sotheby's were higher by 0.6% on the news.
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