Ameriprise Financial, Inc. (NYSE:AMP) fell 1.60% to $37.44 in the opening session despite analyst at Citi upgraded the company’s stock to “Buy” from “Hold”. The firm set a price target of $50. The firm also boosted EPS estimate to $3.60 in 2010 and 2011 estimate is $4.65.
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So far this year, the stock has slid over 3%. The stock has been moving within a range of $21.60-$49.54 over the past 52-week.
Xerox Corporation (NYSE:XRX) lost 8.48% to $8.48. This morning, Thomas Weisel upgraded the stock to Buy from Hold and set a price target of $18. So far in 2010, the stock fallen more than 1%.
Xerox Corporation (Xerox) provides a portfolio of document systems and services for businesses of any size.
BHP Billiton Limited (ADR) (NYSE:BHP) was upgraded by Deutsche Bank from “Buy” to “Hold.”
BHP Billiton plc is a diversified natural resources company. The Company is engaged in extracting and processing minerals, oil and gas from its production operations located primarily in
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Shares of BHP fell 4% to $64.02 in the opening session.
Genworth Financial, Inc. (NYSE:GNW) declined 2.32% to $13.49 in the opening session despite analyst at Morgan Stanley upgraded the company’s stock to “Overweight” from “Equalweight” and set a price target of $20.
The median Wall Street price target on the stock is $19.50 and the high target is set at $23 with majority of analysts have a Hold rating on the company’s stock. The 50- Day Moving Average and 200-Day Moving Average prices are $15.05 and $15.03 respectively.
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