This morning, Wunderlich upgraded shares of Sirius XM (NASDAQ:SIRI) from hold to buy as the recent sell off has created an attractive entry point for investors. In the report, Wunderlich set a $4.20 price target. Shares of Sirius XM were flat on Thursday, trading just below $3.50 per share.
Janney Montgomery initiated coverage on shares of Ralph Lauren (NYSE:RL) with a buy rating as the clothing company has many global avenues for growth. In the report, Janney Montgomery set a $200 price target on the stock. Shares of Ralph Lauren were relatively unchanged on the news, trading just below $177.
And JP Morgan upgraded shares of Cubic Corp (NYSE:CUB) from neutral to overweight as the company will benefit from future investments in infrastructure. In the report, JP Morgan set a $57 price target. Shares of Cubic Corp were higher by 3.3% on the news.
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