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Analyst upgrades:
- Bernstein upgraded General Electric (NYSE: GE) to Outperform from Market Perform Thursday after the close. The firm sees an improved risk/reward on the stock and raised its price target to $19 from $18.
- Bernstein also upgraded Amazon.com (NASDAQ: AMZN) to Outperform from Market Perform as it believes sales growth and margin expansion expectations are too low. The firm raised its target on shares to $160 from $125.
- Piper Jaffray upgraded CBS (NYSE: CBS) to Neutral from Underweight following the company's Q3 results and raised its target on shares to $13 from $12.
- JPMorgan upgraded Macy's (NYSE: M) to Overweight from Neutral to reflect the company's improving comps. The firm has a $23 target on the stock.
- Ansys (NASDAQ: ANSS) was upgraded to Buy from Hold at Jefferies.
- Travelers (NYSE: TRV) was upgraded to Buy from Neutral at Goldman.
- Air Methods (NASDAQ: AIRM) was upgraded to Overweight from Equal Weight at Stephens.
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