Credit Suisse Updates 7/1

Credit Suisse made a number of updates in a research report published today. Marathon Petroleum Corp MPC had its coverage initiated with an Outperform rating and a price target of $55. On Thursday, MPC added 3.32% to its value to finish the day at $41.40. Its shares lost 1.57% of their value in today's pre-market trading, however, trading at around $40.75. Targa Resources Partners LP NGLS had its coverage assumed with an Outperform rating and a price target of $40. On Thursday, Targa added 0.59% to its value to end the day at $35.60. Targa Resources Corp TRGP had its coverage assumed with a Neutral rating and a price target of $34. On Thursday, TRGP added 0.36% to its value to end the day at $33.46. Marathon Oil Corp MRO had its rating maintained at Outperform. At the moment, Marathon has a price target of $42 placed on its stock. On Thursday, Marathon added 2.03% to its value to finish the day at $52.68. Its shares plummeted in today's pre-market trading, however, crashing 37.97% to $32.68. KLA-Tencor Corp. KLAC had its rating maintained at Outperform. On Thursday, KLAC added 1.86% to its value to close the day at $40.48. McCormick & Company MKC had its rating maintained at Neutral. On Thursday, McCormick lost 2.8% of its value to end the day at $49.57. Apollo Group Inc. APOL had its rating reiterated at Neutral. On Thursday, Apollo added 1.53% to its value to end the day at $43.68. Its shares continued to climb higher in today's pre-market trading, however, rising 1.88% to $44.50. VeriSign Inc. VRSN had its rating maintained at Outperform. On Thursday, VeriSign lost 0.33% of its value to close the day at $33.46. PetSmart. Inc. PETM had its rating maintained at Outperform. At the same time, its target price has been raised to $50 from $47. On Thursday, PetSmart lost 0.35% of its value to finish the day at $45.37.
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