This morning, UBS reduced its price target on Marathon Oil (MRO) to $40 as costs are increasing on the corporate side. In the report, UBS also lowered its EPS estimates, but maintained its buy rating. Shares of Marathon Oil were lower on the news, falling 0.8% so far.
Credit Suisse lowered its price target on shares of Ralph Lauren (RL) to $185 as the company's investments into future growth could impact earnings in the near term. In the report, Credit Suisse maintained its outperform rating. Shares of Ralph Lauren were higher on Thursday, gaining 3.3% despite the report.
And UBS downgraded shares of Twitter (TWTR) from neutral to sell as last night's earnings report revealed slowing user growth for the service. In the report, UBS set a $42 price target. Shares of Twitter were sharply lower today, falling more than 21% so far.
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