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 (NYSE: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.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.