Thu, Jun 12, 2014 11:11 AM EDT 1:54
Bullish analyst calls on Hewlett-Packard (HPQ) from Goldman Sachs, Triumph (TGI) and Valero (VLO) from Citi. Goldman Sachs says it is upgrading shares of HP to NEUTRAL from SELL and raising their price target to $32 a share after seeing signs that HP's management is executing beyond expectations on the tech giant's turnaround strategy. Credit Suisse says it is upgrading shares of Triumph to OUTPERFORM from NEUTRAL and raising their price target to $88 a share following the company's analyst day where management boosted 2015 guidance and offered long term target growth ranges for the top and the bottom line. Citi is adding shares of Valero to its' focus list and reiterating their BUY rating and $63 a share target price. Citi says Valero is in a good position to benefit from an increase in North American crude production. Ruben Ramirez reports from Wall Street.