This morning, Jefferies increased its price target on shares of American Express (NYSE:AXP) to $88 following strong earnings last night. In the report, Jefferies increased its EPS estimates and maintained its neutral rating. Shares of AXP were higher on Friday, picking up 4.7% to trade just below $92 per share.
Stifel Nicolaus initiated coverage on shares of Twitter (NYSE:TWTR) with a buy rating as the microblogging site has a flexible business model and strong strategic value. In the report, Stifel seta $75 price target. Shares of Twitter were higher on the new report, gaining 5.2% so far.
And Credit Suisse upgraded shares of Forest Labs (FRX) from neutral to outperform as the company should gain momentum through 2014. In the report, Credit Suisse set an $85 price target. Shares of Forest Labs were higher by 0.9% following the report.
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