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eBay (EBAY) – Deutsche Bank (DB) upgraded its rating on eBay to buy and lifted its price target by $10 to $40 per share, implying 25% upside.

Apple (AAPL) – Barclays (BCS) has removed Apple from its top picks list and has lowered its price target on the stock to $114 per share. Barclays says the move signals “possible near-term tumult after the stock’s recent run.”

PepsiCo (PEP) – The company topped Wall Street expectations in its fiscal third quarter, reporting earnings per share of $1.40 on revenue of $16.03 billion. PepsiCo also raised its earnings forecast for the year.

Delta Air Lines (DAL) – The airliner is expanding its service from New York and Boston to Europe next summer. Delta will now offer service between New York and Lisbon and between Boston and Dublin.

Wells Fargo (WFC) – CEO Jon Stumpf is heading back to Capitol Hill to testify before the House Financial Services Committee as pressure mounts following an investigation that found that Wells Fargo opened as many as 2 million unauthorized accounts to meet sales quotas. The scandal has wiped more than $20 billion from Wells Fargo’s market value.

Transocean (RIG) – Activist investor Carl Icahn has cut his stake in Transocean to 1.5% from 5.88%. Icahn says he reduced his position in the company “in order to recognize a capital loss for tax planning purposes.”

McDonald’s (MCD) – The fast-food giant has boosted its quarterly dividend payout rate by 6% to 94 cents a share. McDonald’s has raised its dividend every year since 1976.