Morgan Stanley Updates 7/7

Morgan Stanley made a number of updates in a research report published today. Urban Outfitters Inc. (NASDAQ:

) had its rating upgraded from Equal-weight to Overweight. At the same time, its price target was raised from $34.00 to $36.00. On Wednesday, URBN closed the day at $30.75. Its shares added 3.58% to their value in today's pre-market trading to trade around $31.85. Prologis, Inc. (NYSE:

) had its coverage initiated with an Overweight rating and a price target of $43. Freeport-McMoRan (NYSE:

) had its rating maintained at Overweight. At the same time, its price target was reiterated at $65. On Wednesday, FCX closed the day at $53.52. Its shares added 2.22% to their value in today's pre-market trading to stand around $54.71. Lamar Advertising (NASDAQ:

) had its rating reiterated at Equal-weight. At the same time, its price target was reduced from $34 to $32. On Wednesday, Lamar finished the day at $27.75. Visa (NYSE:

) had its rating reiterated at Overweight and its price target maintained at $105. On Wednesday, Visa ended the day at $88.20. Its shares lost 0.79% of their value in today's pre-market trading to stand around $87.50.