This morning, Oppenheimer raised its price target on both Verizon (VZ) and AT&T (T) as lower iPhone subsidies will improve earnings. The firm set a $42 price target on AT&T and a $52 price target on Verizon while maintaining its outperform rating on both stocks.
Shares of Verizon were higher by 0.3%, while shares of AT&T were higher by 0.7%.
KBW increased its price target on shares of Vail Resorts (MTN) to $62 following strong earnings from the company yesterday. The company report strong season pass sales for the upcoming ski season, prompting KBW to reiterate its outperform rating.
Shares of MTN were flat today.
And Goldman Sachs upgraded shares of Transocean (RIG) from sell to neutral as the company should be able to top third quarter estimates. With the upgrade, Goldman raised its price target to $54 per share.
In morning trading, shares of Transocean were falling, off 1.6% so far.