Kraft Foods Inc. (NYSE:KFT): Ahead of the company’s split-up, Stifel Nicolaus added Kraft to its Select List. The company believes that the stock’s risk/ratio is favorable, it maintains a $44 target on their shares. Strong organic growth is expected to continue.
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Ford Motor Co. (NYSE:F): Sterne Agee reduced its target on Ford, citing some weakness in the company’s overseas business. The firm, however, maintains a Buy rating on the stock.
Marvell Technology Group Ltd. (NASDAQ:MRVL): July revenues are tracking in the lower half of guidance, so FBR Capital decreased their price target on Marvell Technology shares to $16.50. The company maintains an Outperform rating on shares due to valuation and potential stock repurchases.
International Rectifier Corporation (NYSE:IRF): FBR Capital cut its price target on International Rectifier from $26 to $24. They cited checks showing macro issues negatively impacting their Q2 shipments this past June. The firm maintains an Outperform rating on shares.
Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI):Citing strong Fusilev trends. Roth Capital increased its target on Spectrum, The firm expects Fusilev to continue to remain stable. It maintains a Buy rating on the stock.
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