Analysts Altered Price Targets on These Top Stocks Monday

Following is information on companies for which stock analysts reiterated their ratings today:

  • Interpublic (NYSE:IPG): Argus reiterated its rating of Buy and changed its price target from $16 to $14.  About the company: The Interpublic Group of Companies, Inc. is an organization of advertising agencies and marketing service companies. The Company operates globally in the sectors of advertising, independent media buying, direct marketing, healthcare communications, interactive consulting services, marketing research, promotions, experiential marketing, public relations, and sports marketing.
  • Chevron (NYSE:CVX): Argus reiterated its rating of Buy and changed its price target from $120 to $125.  About the company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.
  • Apple (NASDAQ:AAPL): Canaccord Genuity reiterated its rating of Buy and changed its price target from $510 to $515.  About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
  • Computer Prgms & Syst (NASDAQ:CPSI): Auriga reiterated its rating of Hold and changed its price target from $60 to $78.  About the company:  Computer Programs and Systems, Inc., is a healthcare information technology company that designs, develops, markets, installs and supports computerized information technology systems to hospitals. The Company also provides software and hardware products.
  • Amerigroup (NYSE:AGP): Wedbush reiterated its rating of Outperform and changed its price target from $75 to $65.  Oppenheimer Outperform $75 >> $69.  About the company:  AMERIGROUP Corporation, a multi-state managed healthcare company, serves people who receive healthcare benefits through state-sponsored programs. Programs include Medicaid, Children’s Health Insurance Program, and Family Care. The Company provides managed care and medical management programs, as well as offers community-based education and outreach programs.
  • PNC (NYSE:PNC): Stifel Nicolaus reiterated its rating of Buy and changed its price target from $85 to $82.  About the company: PNC Financial Services Group, Inc. is a diversified financial services organization. The Company provides regional banking, wholesale banking, and asset management services nationally and in the Company’s primary regional markets.
  • Triumph Group (NYSE:TGI): Stifel Nicolaus reiterated its rating of Buy and changed its price target from $60 to $66.  Oppenheimer Outperform $55 >> $65.  About the company: Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aircraft components. These components include mechanical and electromechanical control systems, aircraft and engine accessories, auxiliary power units, avionics, and aircraft instruments. The Company serves commercial airlines, air cargo carriers, and various original equipment manufacturers.
  • Sapient (NASDAQ:SAPE): Stifel Nicolaus reiterated its rating of Buy and changed its price target from $17 to $19.  About the company: Sapient Corporation provides integrated management consulting services, Internet commerce solutions, and systems implementation services. The Company’s services include design and development of Internet commerce solutions, implementation and integration of packaged software solutions, design and development of custom software solutions, and production support.
  • Cliffs Natural Resources (NYSE:CLF): FBR Capital reiterated its rating of Outperform and changed its price target from $144 to $140.  About the company: Cliffs Natural Resources Inc. is a diversified mining and natural resources company. The Company mines for iron ore and coal in locations across North America, South America, and Australia.
  • American Science & Engineering (NASDAQ:ASEI): The Benchmark Company reiterated its rating of Hold and changed its price target from $90 to $80.  About the company: American Science and Engineering, Inc. provides X-ray detection and imaging products used for the detection of illegal drugs, terrorist explosives, and smuggled goods. The Company’s equipment, purchased by government and commercial clients, utilizes transmission and backscatter X-ray detection to provide differentiation of bombs, drugs, and contraband in camouflaged environments.
  • MEMC Elec (NYSE:WFR): Kaufman Bros reiterated its rating of Buy and changed its price target from $13.5 to $10.  About the company: MEMC Electronic Materials, Inc. produces silicon wafers. The Company’s products are used in computers, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems, and analytical and defense systems. MEMC operates manufacturing facilities in Italy, Japan, Malaysia, South Korea, Taiwan, and the United States.
  • Arch Coal (NYSE:ACI): Brean Murray reiterated its rating of Buy and changed its price target from $43 to $39.  About the company: Arch Coal, Inc. mines, processes, and markets low sulfur coal from surface, underground, and auger mines located in the western United States and in the central Appalachian region. The Company markets its coal primarily to electric utilities.
  • Borg Warner (NYSE:BWA): Ticonderoga reiterated its rating of Buy and changed its price target from $86 to $90.  About the company:  BorgWarner, Inc. supplies engineered systems and components, primarily for automotive powertrain applications. The Company’s products are manufactured and sold worldwide, primarily to original equipment manufacturers of passenger cars, sport utility vehicles, and light trucks. BorgWarner operates manufacturing facilities in North America, Europe, and Asia.
  • Crane (NYSE:CR): FBR Capital reiterated its rating of Mkt Perform and changed its price target from $51 to $53.  About the company: Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.
  • KBW (NYSE:KBW): FBR Capital reiterated its rating of Mkt Perform and changed its price target from $21 to $17.  About the company: KBW Inc. is a full service investment bank. The Company provides investment bank services, equity and fixed income sales and trading, and equity and fixed income research.
  • Trinity Industries (NYSE:TRN): Longbow reiterated its rating of Buy and changed its price target from $44 to $41.  About the company: Trinity Industries, Inc. manufactures transportation, construction, and industrial products. The Company’s products include tank and freight railcars, inland hopper and tank barges, highway guardrail and safety products, ready-mix concrete, and other products. Trinity also leases railcars and other products. The Company markets its products in the United States and internationally.

(Note: Data on stock ratings are sourced from here.  All data are assumed to be accurate.)

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