Analysts Issue New Share Price Targets for These Companies Today

Wall St. Watchdog reveals information about companies for which stock analysts reiterated their ratings on October 18th.

  • VMware (NYSE:VMW): UBS reiterated its rating of Buy for this company and changed its price target from $125 to $115. Needham reiterated its rating of Buy for this company and changed its price target from $102 to $105. About the company: VMware, Inc. provides virtualization solutions from the desktop to the data center. The Company’s solution products addresses a range of IT problems, which includes cost and operational inefficiencies, business continuity, software lifecycle management and desktop management.
  • Halliburton (NYSE:HAL): UBS reiterated its rating of Buy for this company and changed its price target from $62 to $56. FBR Capital reiterated its rating of Outperform for this company and changed its price target from $65 to $60. About the company: Halliburton Company provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The Company offers services and products and integrated solutions to customers in the exploration, development, and production of oil and natural gas.
  • Citigroup (NYSE:C): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $52 to $46. About the company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
  • Travelzoo (NASDAQ:TZOO): The Benchmark Company reiterated its rating of Buy for this company and changed its price target from $60 to $45. About the company: Travelzoo Inc. provides online marketing solutions to the travel industry. Through the Company’s Web site, its newsletter, and by using its listing management software, travel companies can inform Internet users about their specials. Travelzoo serves companies such as Alamo Rent-A-Car, Delta Airlines, Expedia, and Hilton Hotels.
  • Crocs (NASDAQ:CROX): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $35 to $21. About the company: Crocs, Inc. designs and manufactures shoes. The Company produces soft, lightweight, non-marking, slip- and odor-resistant shoes made of closed-cell resin material. Crocs manufactures men’s, women’s, and children’s shoes and markets them to retail chains.
  • Chevron (NYSE:CVX): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $110 to $120. 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.
  • Ingram Micro (NYSE:IM): Needham reiterated its rating of Buy for this company and changed its price target from $23 to $20. About the company: Ingram Micro Inc. is a wholesale distributor of Information Technology (“IT”) products and services. The Company also markets computer hardware, networking equipment, and software products. Ingram Micro provides supply chain optimization services to suppliers and reseller customers.
  • Energy Transfer (NYSE:ETP): Wunderlich reiterated its rating of Hold for this company and changed its price target from $52 to $46. About the company: Energy Transfer Partners, L.P. owns and operates a diversified portfolio of energy assets. The Company’s operations include natural gas gathering and transportation pipelines, with natural gas treating and processing assets located in Texas, Oklahoma, and Louisiana. Energy Transfer markets propane from retail locations in various states across the United States.
  • First Horizon (NYSE:FHN): FBR Capital reiterated its rating of Mkt Perform for this company and changed its price target from $10 to $8. About the company: First Horizon National Corporation, through its subsidiaries, provides a range of financial services. The Company offers a variety of commercial banking services and also conducts mortgage banking, capital markets, and transaction processing.

(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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