*KBW cuts price target to $26 from $28; rating outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Compass point cuts price target to $22 from $24; rating neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
**APPLE INC, $447.94, up 2 pct. William Blair& Co analyst Anil Doradla said the bond oversubscription showed investor confidence in Apple, adding that shareholders will get these benefits, and that capital allocation is driving the shares up. **AVEO PHARMACEUTICALS INC, $2.69, down 49 pct.
U.S. stocks extended their advance on Thursday, with the Nasdaq Composite up 1 percent, led by gains in shares of Apple and Gilead Sciences. **GILEAD SCIENCES INC, $52.88, up 5 pct.
Fidelity Investments and Charles Schwab give independent financial advisers a percentage of the assets that their clients put in certain mutual funds, according to Reuters.
Following a surge in the financials sector in 2012, two analysts are divided over whether the stocks are now fully valued.