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Analyst Moves: GM, WAG, ATVI
Friday, February 7, 2:00 PM ET

This morning, UBS increased its price target on shares of General Motors (NYSE:GM) to $52 as the production of pickups is on the rise. In the report, UBS noted that the Q4 earnings miss was an anomaly and reiterated its buy rating. Shares of GM were higher on the news, climbing 1.2% so far.

Leerink Swann initiated coverage on shares of Walgreen (WAG) with an outperform rating as channel checks have been positive. In the report, Leerink Swann noted that the industry will see a boost from pharmacy sales and set a $68 price target. Shares of Walgreen were higher by 0.8% on Friday.

And Jefferies increased its price target on shares of Activision Blizzard (NASDAQ:ATVI) to $25 as upcoming releases will fuel earnings in the near term. Shares of ATVI were sharply higher on Friday, gaining more than 15% so far.

For MarketNewsVideo.com, I'm Sayoko Murase.

Analyst Moves:  GM, WAG, ATVI picture
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