Analysts Changed These Stock Price Targets Today

Following is information on companies for which stock analysts either resumed or reiterated their ratings today.

Coverage Resumed

  • ReachLocal (NASDAQ:RLOC): Needham resumed coverage on this stock with a rating of Buy and a price target of $25.  About the company:

Coverage Reiterated

  • Cavium Networks (NASDAQ:CAVM): Stifel Nicolaus reiterated its rating of Buy and changed its price target from $50 to $44.  About the company: Cavium Networks, Inc. provides semiconductor processors that enable intelligent networking, communications and security applications. The Company offers a broad portfolio of software compatible processors and accelerator boards ranging in performance from 10 Mbps to 10 Gbps.
  • CBS (NYSE:CBS): Wedbush reiterated its rating of Neutral and changed its price target from $27 to $30.  About the company: CBS Corporation is a multimedia company that operates broadcasting, television production, and publishing businesses. The Company operates television and radio stations, produces and syndicates television programs, publishes books, provides online content as well as provides outdoor advertising. CBS Corporation Earnings Cheat Sheet: Beats Analysts’ Estimates>>
  • Silicon Image (NASDAQ:SIMG): Northland Securities reiterated its rating of Outperform and changed its price target from $11 to $8.  About the company: Silicon Image, Inc. designs, develops, and markets semiconductor solutions for applications that require high-bandwidth, integrated solutions for high-speed data communications. The Company’s products enable host systems to transmit digital video data and enable displays to receive and manipulate digital video data.
  • Trimble Navigation (NASDAQ:TRMB): Needham reiterated its rating of Buy and changed its price target from $54 to $45.  About the company: Trimble Navigation Limited designs, manufactures, and markets electronic products, enabled by Global Positioning System technology, that determine precise geographic location. The Company’s products are integrated systems for collecting, analyzing, and displaying position data in forms optimized for specific end-user applications.
  • Oil States (NYSE:OIS): Global Hunter Securities reiterated its rating of Buy and changed its price target from $97 to $109.  About the company: Oil States International, Inc. provides specialty products and services to oil and gas drilling and production companies. The Company supplies connection technology for offshore oil and gas development and production, distributes tubular goods, and furnishes hydraulic workover and well control services. Oil States also provides remote site accommodations, catering, and logistics.
  • CBS (NYSE:CBS): The Benchmark Company reiterated its rating of Buy and changed its price target from $30 to $33.  About the company: CBS Corporation is a multimedia company that operates broadcasting, television production, and publishing businesses. The Company operates television and radio stations, produces and syndicates television programs, publishes books, provides online content as well as provides outdoor advertising.
  • Harris (NYSE:HRS): Needham reiterated its rating of Buy and changed its price target from $56 to $48.  About the company: Harris Corporation is an international communications equipment company focused on product, system, and service solutions. The Company provides a range of mission critical communications products, systems and services for global markets, including defense communications and electronics, government communications, broadcast communications and wireless transmission network solutions.
  • OpenTable (NASDAQ:OPEN): Oppenheimer reiterated its rating of Outperform and changed its price target from $115 to $93.  About the company: OpenTable, Inc. provides free, real-time online restaurant reservations for diners through an online booking service. The Company also offers reservation and guest management solutions for restaurants. OpenTable allows users to search for tables based on desired criteria for cuisine, price, and location.
  • Cavium Networks (NASDAQ:CAVM): Auriga reiterated its rating of Buy and changed its price target from $56 to $48.  About the company: Cavium Networks, Inc. provides semiconductor processors that enable intelligent networking, communications and security applications. The Company offers a broad portfolio of software compatible processors and accelerator boards ranging in performance from 10 Mbps to 10 Gbps.
  • Allscripts-Misys Healthcare (NASDAQ:MDRX): FBR Capital reiterated its rating of Mkt Perform and changed its price target from $22 to $19.  About the company:  Allscripts Healthcare Solutions, Inc. develops and markets clinical software. The Company’s products include electronic health records, electronic prescribing, revenue cycle management, practice management, document management, medication services, hospital care management, emergency department information systems and homecare automation.
  • SuccessFactors (NASDAQ:SFSF): BMO Capital Markets reiterated its rating of Outperform and changed its price target from $43 to $35. FBR Capital Outperform $45 >> $37.  About the company:  About the company: SuccessFactors, Inc. provides on-demand performance and employee software solutions to help organizations optimize their performance.
  • MicroStrategy (NASDAQ:MSTR): FBR Capital Mkt reiterated its rating of Perform and changed its price target from $140 to $134.  About the company: MicroStrategy Incorporated provides business intelligence software and related services. The Company’s technology platform enables departments and enterprises to deploy Web-based reporting and analysis solutions. MicroStrategy also offers consulting, training, and support services. Solutions are provided to retail, finance, telecommunications, insurance, dot-com, and healthcare industries.
  • Emerson (NYSE:EMR): FBR Capital Mkt reiterated its rating on Perform and changed its price target from $60 to $57.  About the company: Emerson Electric Co. manufactures and markets electrical, electromechanical, and electronic products and systems. The Company produces a variety of products, including process control, industrial automation, electronics, appliance components, and electric motors. Emerson sells its products around the world.
  • Amedisys (NASDAQ:AMED): FBR Capital reiterated its rating of Mkt Perform and changed its price target from $35 to $22.  About the company: Amedisys, Inc. is a multi-regional provider of alternate-site health care services. The Company offers home health care nursing, home infusion therapy, and ambulatory surgery centers. Amedisys operates offices within a network of subsidiaries in the southern and southeastern United States.
  • Hyatt Hotels (NYSE:H): FBR Capital reiterated its rating of Outperform and changed its price target from $48 to $51.  About the company: Hyatt Hotels Corp. is a global hospitality company. The Company manages, franchises, owns, and develops branded hotels, resorts and residential and vacation ownership properties around the world.
  • j2 Global (NASDAQ:JCOM): FBR Capital reiterated its rating of Mkt Perform and changed its price target from $31 to $33.  About the company: j2 Global Communications, Inc. provides Internet-based messaging and communications services to individuals and businesses throughout the world. The Company’s global network covers cities in various countries and spans North America, Europe, and the Asia/Pacific region. j2 enables customers to manage their communications through the Web, phone, or wireless device.
  • IPG Photonics (NASDAQ:IPGP): Dougherty & Company reiterated its rating of Buy and changed its price target from $80 to $75.  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.
  • Coach (NYSE:COH): Needham reiterated its rating of Buy and changed its price target from $68 to $74.  About the company: Coach, Inc. designs, produces, and markets primarily leather goods. The Company’s products include handbags, business cases, men’s and women’s accessories, luggage and travel accessories, leather outerwear, and gloves. Coach, together with a licensing partner, offers watches, footwear, furniture, and eyewear. Coach, Inc. Earnings Cheat Sheet: Profitable Quarter Accelerates Growth>>

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

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