• Emerson Electric (NYSE:EMR) raised its bid for Chloride to $1.5 billion in an attempt to stave off a recommended $1.25 billion offer from Switzerland’s ABB
• A WSJ report says Abbott Labs (NYSE:ABT) is planning to sell its vaccine business in a deal that could result in $614 million
• Tesla Motors starts trading on the NASDAQ this morning with a TSLA symbol after its $226 million initial offering priced at $17 per share following yesterday’s market close
• Goldman Sachs (NYSE:GS) initiated coverage of Berkshire Hathaway A and B shares (NYSE:BRKA and BRKB), setting respective price targets of $152,000 and $101
• FBR upgraded shares of Noble (NYSE:NE) from “market perform” to “outperform,” taking the price target from $36 to $42
• Goldman Sachs (NYSE:GS) upgraded Disney (NYSE:DIS) from “neutral” to “buy,” taking the price target from $33 to $42
• Deutsche Bank (NYSE:DB) reiterated its “buy” rating on Seagate Technology (NYSE:STX), but cut the price target from $28 to $27
• Deutsche Bank (NYSE:DB) reiterated a “buy” rating on Western Digital (NYSE:WDC), and lowered the price target from $55 to $51
• Goldman Sachs (NYSE:GS) upgraded News Corporation (NYSE:NWS) to “buy” from “neutral,” raising the price target from $15.50 to $17
