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Analyst Moves: DHI, JNJ, VAL
Thursday, January 9, 1:30 PM ET

This morning, MKM Partners upgraded shares of DR Horton (DHI) from neutral to buy noting that the recovery in the US housing market is just getting started. In the report, MKM Partners set a $26 price target. Shares of DR Horton were higher on the news, picking up 0.8% so far.

Jefferies upgraded shares of Johnson & Johnson (JNJ) from neutral to buy as the company will continue to drive growth through its pharmaceuticals division. With the upgrade, Jefferies set a $108 price target. Shares of JNJ were trading higher on Thursday, gaining 1% today.

And Robert Baird upgraded shares of Valspar (VAL) from neutral to outperform as the legacy business units appear to be stabilizing. With the upgrade, the firm set a $80 price target. Shares of Valspar were higher following the report, gaining 2.2%.

For MarketNewsVideo.com, I'm Sayoko Murase.
Analyst Moves: DHI, JNJ, VAL
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