This morning, MKM Partners upgraded shares of DR Horton (NYSE:DHI) from neutral to buy noting that the recovery in the US housing market is just getting started. In the report, MKM Partners set a $26 price target. Shares of DR Horton were higher on the news, picking up 0.8% so far.
Jefferies upgraded shares of Johnson & Johnson (NYSE:JNJ) from neutral to buy as the company will continue to drive growth through its pharmaceuticals division. With the upgrade, Jefferies set a $108 price target. Shares of JNJ were trading higher on Thursday, gaining 1% today.
And Robert Baird upgraded shares of Valspar (NYSE:VAL) from neutral to outperform as the legacy business units appear to be stabilizing. With the upgrade, the firm set a $80 price target. Shares of Valspar were higher following the report, gaining 2.2%.
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