There is not much of an indication yet regarding which way things are going to go for the bulk of the trading day. Buyers stepped up a bit late in the day yesterday, but the names that led were defensive in nature. A bit more of a run there and those stocks (PEP, PG, GIS) are going to be quite a bit overdone to the upside short-term. Let's take a look at what is jumping out in the early going.
Hess Corp ( HES): Barclays Capital raises stock to outperform. $75 price target. Moody's ( MCO): Piper Jaffray raises stock to overweight. $32 price target. Akamai ( AKAM): Goldman Sachs raises stock price target to $21. Brocade Communications ( BRCD): Merrill Lynch/Bank of America raises price target to $9. Citrix Systems ( CTXS): Goldman Sachs raises target to $35. Hospira ( HSP): Merrill Lynch/Bank of America raises target price to $40. Exxon Mobil ( XOM): Barclays Capital raises estimates. $91 price target.