This morning, RBC Capital upgraded shares of Lululemon (LULU) from sector perform to outperform as the company's bad news seems to have priced itself into the stock. RBC notes that the stock is down more than 40% since its peak and should rebound from here. RBC Capital set a $56 price target on the stock. Shares of Lululemon were higher by 4.5% today.
Credit Suisse upgraded shares of Myriad Genetics (MYGN) from underperform to neutral as the Crescendo purchase should help fuel growth at the company. In the report, Credit Suisse set a $29 price target. Shares of Myriad Genetics were higher by more than 8% on Friday.
And Bank of America added shares of Citigroup (NYSE:C) to its US 1 list today as the recent pullback in the stock price has created a buying opportunity for investors. Bank of America set a $65 price target in their report. Shares of Citigroup were higher by 1.7% on the news.
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