This morning, Bank of America increased its price target on shares of Apple (NASDAQ:AAPL) to $590 as the company has shown it will continue to repurchase shares when it sees value. In the report, Bank of America maintained its neutral rating. Shares of Apple were relatively flat on Friday, trading just above $543 per share.
Canaccord Genuity increased its price target on shares of Columbia Sportswear (NASDAQ:COLM) to $71 as colder winter weather will increase sales. In the report, Canaccord increased its EPS estimates as well while maintaining its neutral rating. Shares of Columbia Sportswear were lower today, falling 0.8%.
And RBC Capital named WebMD (WBMD) a Top Pick as the company has room to grow, especially in the emerging markets. In the report, RBC set a $70 price target. Shares of WebMD were higher on the news, gaining 4.2%.
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.