This morning, Goldman Sachs upgraded shares of Medtronic (NYSE:MDT) to a buy rating as organic growth is expected to increase over the next few quarters. In the report, Goldman set a $66 price target. Shares of Medtronic were higher by 0.3% on the news today.
Bank of America added shares of Hess (NYSE:HES) to its US1 List as the share repurchase program and retail spin-off are both catalysts for future stock appreciation. Shares of Hess were relatively flat on the news, gaining just 0.1% today.
And UBS initiated coverage on shares of Eastman Chemical (NYSE:EMN) with a buy rating as the company is expected to see double-digit growth. In the report, UBS set a $92 price target. Shares of Eastman Chemical were higher by 0.3% on Tuesday afternoon.
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