This morning, UBS upgraded shares of Genworth Financial (NYSE:GNW) from neutral to buy as the company is generating a better ROE than its peers. In the report, UBS increased its ESP estimates and set a price target of $18. Shares of Genworth were higher on Monday, increasing 3.7% so far.
Wells Fargo upgraded shares of Halliburton (NYSE:HAL) from market perform to outperform as the recent pullback in the stock has created a compelling entry point for investors. Shares of Halliburton were modestly higher this morning, trading just above $50 per share.
Citigroup upgraded shares of MGM Resorts (NYSE:MGM) from neutral to buy as improvements to the company's balance sheet lift some uncertainty around the stock. In the report, Citigroup set a $28 price target. Shares of MGM were higher by 1.2% today.
And RBC Capital upgraded shares of Trulia (TRLA) from sector perform to outperform as growth continues to come from local market expansion and mobile. With the upgrade, RBC set a $54 price target. Shares of Trulia were lower on Monday, falling 0.4% despite the upgrade.
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