Boeing (NYSE:BA): Cowen raised its price target on Boeing to $140 from $131 following Wednesday’s announcements, which the firm believes will support its positive momentum and the company’s cash flow, thus limiting the share’s downside risk. The shares are Outperform rated.
Gilead (NASDAQ:GILD): After meeting with Gilead’s management, Bernstein reports that the company expects its “financial picture to improve dramatically.” The firm anticipates that the company’s margins will rise, and it keeps an Outperform rating on the stock.
Groupon (NASDAQ:GRPN): Stifel upgraded Groupon to Buy from Hold and expects shares to continue to move higher due to acceleration in core U.S. “local” business, increased mobile usage, and improved margins. The shares’ price target is $16.
Starbucks (NASDAQ:SBUX): Oppenheimer believes Starbucks’ new food products could increase its comps 5-7 percent excluding any traffic increases triggered by the new products. The firm reports that the company is also looking to introduce new breakfast sandwiches and lunch offerings, and it thinks the company’s earnings per share boost in the 2014 fiscal year from lower coffee prices could surpass guidance by a wide margin. Oppenheimer keeps an Outperform rating on the shares.