Analysts Reiterate Buy Ratings and Issue New Price Targets on These Tech Stocks

Wall St. Watchdog reveals information about companies for which stock analysts reiterated ratings in the Technology sector for the week ending November 25th, 2011.

  • Sourcefire (NASDAQ:FIRE): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $34 to $39 on Nov 21st. The shares recently traded at $31.29, up $0.34, or 1.1% since the analyst’s rating. About the company: Sourcefire Inc. provides real-time network defense solutions. The Company’s solutions encompass hardware and web-based Analysis Interface for real-time and forensic reporting and analysis. Get the most recent company news and stock data here >>
  • Arris (NASDAQ:ARRS): Kaufman Bros reiterated its rating of Buy for this company and changed its price target from $12 to $13 on Nov 21st. The shares recently traded at $10.40, up $0.16, or 1.56% since the analyst’s rating. About the company: Arris Group Inc. is a global communications technology company specializing in the design and engineering of broadband local access networks. The Company develops, manufactures, and supplies optical transmission, cable telephony and Internet access, outside plant construction, and maintenance equipment for cable system operators. Get the most recent company news and stock data here >>
  • Hewlett-Packard (NYSE:HPQ): ISI Group reiterated its rating of Buy for this company and changed its price target from $32 to $34 on Nov 22nd. The shares recently traded at $26.53, down $0.12, or 0.45% since the analyst’s rating. About the company: Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide. Get the most recent company news and stock data here >>
  • Nuance Communications (NASDAQ:NUAN): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $25 to $27. FBR Capital reiterated its rating of Outperform for this company and changed its price target from $25 to $28. Ticonderoga reiterated its rating of Buy for this company and changed its price target from $25 to $28 on Nov 23rd. The shares recently traded at $23.52, up $0.54, or 2.35% since the analyst’s rating. About the company: Nuance Communications, Inc. provides speech and imaging solutions for businesses and consumers around the world. The Company’s products include a speech recognizer, call steering, and a product that converts text into speech. Get the most recent company news and stock data here >>
  • Cubic (NYSE:CUB): The Benchmark Company reiterated its rating of Buy for this company and changed its price target to $52 on Nov 23rd. The shares recently traded at $40.98, down $0.06, or 0.15% since the analyst’s rating. About the company: Cubic Corporation, through its defense group, provides instrumented air and ground combat training systems, battle command training, and simulation support for military forces. The Company also produces avionics, data links, and communications products. Cubic’s transportation group provides intermodal ticketing systems for public transit projects worldwide. Get the most recent company news and stock data here >>

(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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