Analysts Changed These Stock Price Targets Today

Wall St. Watchdog reveals information about companies for which stock analysts reiterated their ratings on October 21st.

  • Salix Pharma (NASDAQ:SLXP): JMP Securities reiterated its rating of Mkt Outperform for this company and changed its price target from $48 to $40. About the company: Salix Pharmaceuticals, Ltd. develops and markets prescription pharmaceutical products for the treatment of gastrointestinal diseases. The Company markets its products to gastroenterologists in the U.S. through its own specialty sales force.
  • Altera (NASDAQ:ALTR): Miller Tabak reiterated its rating of Buy for this company and changed its price target from $40 to $43. About the company: Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company’s products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits.
  • Cooper Industries (NYSE:CBE): Longbow reiterated its rating of Buy for this company and changed its price target from $73 to $60. About the company: Cooper Industries PLC is a global, diversified electrical products and tools manufacturer. The Company’s products include electrical distribution equipment, wiring devices, support systems, hazardous duty electrical equipment, lighting fixtures, emergency lighting, fuses, nonpower hand tools and industrial power tools.
  • SanDisk (NASDAQ:SNDK): RBC Capital Mkts reiterated its rating of Top Pick for this company and changed its price target from $66 to $71. About the company: SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.
  • Newfield Expl (NYSE:NFX): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $85 to $66. About the company: Newfield Exploration Company is an independent oil and gas company which explores, develops, and acquires oil and natural gas properties. The Company operates in the Gulf of Mexico, in the onshore United States Gulf Coast, within the North Sea, within Malaysia, and in the Bohai Bay in China.
  • Life Time Fitness (NYSE:LTM): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $48 to $44. About the company: LIFE TIME FITNESS, Inc. operates sports, fitness, and recreation centers in Minnesota, Illinois, Michigan, Ohio, Indiana, Virginia, Arizona, and Texas. The Company offers fitness centers, personal training services, LifeSpa services, LifeCafe nutritional food and beverage services, “Experience Life” magazine, corporate wellness programs, athletic events, and other services.
  • Capital One (NYSE:COF): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $56 to $60. About the company: Capital One Financial Corporation is a diversified bank. The Bank, through its subsidiaries, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients both domestically and internationally. Capital One has bank locations in Connecticut, Louisiana, New Jersey, New York, and Texas.
  • Chipotle Mexican Grill (NYSE:CMG): Miller Tabak reiterated its rating of Sell for this company and changed its price target from $237 to $245. About the company: Chipotle Mexican Grill, Inc. owns and operates quick serve Mexican restaurants. The Company operates restaurants throughout the United States.
  • Seagate Tech (NASDAQ:STX): Needham reiterated its rating of Strong Buy for this company and changed its price target from $19 to $22. Brean Murray reiterated its rating of Buy for this company and changed its price target from $15 to $18. About the company: Seagate Technology PLC designs, manufactures, and markets rigid disc drives for enterprise, personal computer, and consumer electronics applications.
  • Informatica (NASDAQ:INFA): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $60 to $56. About the company: Informatica Corporation provides data integration software and services. The Company’s software allows its clients to access, integrate and trust all their information assets. Informatica’s infrastructure software categories include data integration, cloud computing, complex event processing, application information lifecycle management, data quality, B2B Data Exchange, and others.
  • Hittite Microwave (NASDAQ:HITT): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $60 to $74. Needham reiterated its rating of Buy for this company and changed its price target from $73 to $58. About the company: Hittite Microwave Corporation designs and develops integrated circuits, modules, and subsystems for radio frequency, microwave, and millimeter wave applications. The Company’s products include power amplifiers, switches, modulators, converters, and phase shifters.
  • Maxim Integrated (NASDAQ:MXIM): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $32 to $30. About the company: Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a broad range of linear and mixed-signal integrated circuits. The Company also provides a range of high-frequency design processes and capabilities that can be used in custom design.
  • PacWest Bancorp (NASDAQ:PACW): Wunderlich reiterated its rating of Buy for this company and changed its price target from $26 to $23. About the company: PacWest Bancorp is a bank holding company. The Company, through its banking subsidiary, offers a wide range of commercial banking services.
  • Penn Natl Gaming (NASDAQ:PENN): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $49 to $45. About the company: Penn National Gaming, Inc. owns and operates Charles Town Races in West Virginia which features slot machines, casinos in Mississippi, and a riverboat gaming facility in Louisiana. The Company also owns racetracks and off-track wagering facilities in Pennsylvania, as well as manages a gaming facility in the Province of Ontario, Canada.
  • LaSalle Hotel (NYSE:LHO): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $31 to $26. About the company: LaSalle Hotel Properties is a real estate investment trust focusing primarily on luxury and upscale full service hotels diversified by location in convention, resort, and business oriented markets.
  • ITT Educational (NYSE:ESI): FBR Capital reiterated its rating of Mkt Perform for this company and changed its price target from $64 to $62. Barrington Research reiterated its rating of Outperform for this company and changed its price target from $100 to $90. About the company: ITT Educational Services, Inc. provides technology-oriented postsecondary degree programs in the United States. The Company’s institutes offer associate, bachelor, and master degree programs, as well as non-degree diploma programs.
  • Core Labs (NYSE:CLB): Dahlman Rose reiterated its rating of Hold for this company and changed its price target from $105 to $75. About the company: Core Laboratories N.V. provides reservoir description, production enhancement, and reservoir management services. The Company’s customers include major, national, and independent oil and gas producers. Core also manufactures and sells petroleum reservoir rock and fluid analysis instrumentation and other integrated systems.
  • Union Pacific (NYSE:UNP): Dahlman Rose reiterated its rating of Buy for this company and changed its price target from $118 to $120. About the company: Union Pacific Corporation is a rail transportation company. The Company’s railroad hauls a variety of goods, including agricultural, automotive, and chemical products. Union Pacific offersslong-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada’s rail systems and serves the major gateways to Mexico.

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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