Ford Motor Co. : CLSA upgraded Ford to Outperform from Underperform following its third-quarter report, citing impressive execution, strong demands for trucks in the U.S., and a potential European recovery in the making; the firm raised its price target for Ford shares to $20 from $18.
McKesson Corp. : RW Baird raised its price target on McKesson to $191 from $150, following its announced acquisition of Celesio. The deal makes strong sense, is highly accretive, and the company is currently below historic valuation. The firm has rated McKesson shares Outperform.
Dunkin’ Brands Group : RW Baird raised its price target on Dunkin’ Brands to $52 from $46 following third-quarter results; the firm believes core operating metrics remain solid, sees the company as well positioned to drive growth, and views a premium valuation justified by its asset-light model. The firm rates Dunkin’ Brands shares Outperform.
Celgene Corp. : Brean Capital raised its price target on Celgene to $191 from $153 following solid third-quarter results; the firm cited strong revenue growth, pipeline catalysts, and multiple expansion; Celgene shares are Buy rated.