This morning, BMO Capital initiated coverage on shares of Oracle (NYSE:ORCL) with an outperform rating as the company continues to expand margins. In the report, BMO set a price target of $42 per share. Orcale was trading close to even on the news, off just 0.2% today.
Morgan Stanley upgraded shares of Halcon Resources (NYSE:HK) from underweight to equal weight citing valuation. The stock has decreased to the firm's $4 price target, representing fair value for investors. Shares of Halcon Resources were trading at $4.03 at last check.
And Bank of America upgraded shares of Kohl's (NYSE:KSS) from neutral to buy as the retailer should see earnings growth return in 2014. In the report, Bank of America set a $65 price target. Shares of Kohl's were higher by 1.4% following the report.
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