Analysts Release New Stock Ratings and Share Price Targets October 19th

Wall St. Watchdog reveals information about companies for which stock analysts reiterated their ratings on October 19th.

  • Intuitive Surgical (NASDAQ:ISRG): JMP Securities reiterated its rating of Mkt Outperform for this company and changed its price target from $460 to $467. Collins Stewart reiterated its rating of Buy for this company and changed its price target from $450 to $475. About the company: Intuitive Surgical, Inc. design, manufactures and markets surgical systems. The Company’s surgical system controls Intuitive Surgical endoscopic instruments, including rigid endoscopes, blunt and sharp endoscopic dissectors, scissors, scalpels, forceps/pickups, needle holders, endoscopic retractors, electrocautery, ultrasonic cutters, and accessories during surgical procedures.
  • Cree (NASDAQ:CREE): Brigantine reiterated its rating of Sell for this company and changed its price target from $23 to $20. Wunderlich reiterated its rating of Sell for this company and changed its price target from $25 to $20. Kaufman Bros reiterated its rating of Sell for this company and changed its price target from $23 to $19. About the company: Cree, Inc. develops and manufactures semiconductor materials and electronic devices made from silicon carbide (SiC). The Company uses proprietary technology to make enabling compound semiconductors such as blue and green light emitting diodes, SiC crystals used in the production of unique gemstones, and SiC wafers that are sold for device production and research.
  • Intel (NASDAQ:INTC): Longbow reiterated its rating of Buy for this company and changed its price target from $26 to $28. FBR Capital reiterated its rating of Mkt Perform for this company and changed its price target from $27 to $29. Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $32 to $34. RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $28 to $30. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
  • Stanley Black & Decker (NYSE:SWK): Longbow reiterated its rating of Buy for this company and changed its price target from $88 to $83. About the company: Stanley Black & Decker Inc. is a diversified worldwide supplier of tools and solutions for professional, industrial and construction and do-it-yourself use. The Company’s products include mechanical and electronic security products and systems, professional industrial and automotive mechanics tools, hand tools, consumer mechanics tools, storage systems, pneumatic tools and fasteners.
  • Polaris Inds (NYSE:PII): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $68 to $64. About the company: Polaris Industries Inc. designs, engineers, and manufactures snowmobiles, all terrain vehicles, motorcycles, and personal watercraft. The Company markets its products, together with related replacement parts, garments, and accessories through dealers and distributors located in the United States, Canada, and Europe.
  • Hospira (NYSE:HSP): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $44 to $36. Collins Stewart reiterated its rating of Buy for this company and changed its price target from $62 to $35. About the company: Hospira, Inc. is a global specialty pharmaceutical and medication delivery company. The Company’s product portfolio includes generic acute-care and oncology injectables, as well as integrated infusion therapy and medication management systems.
  • Harley-Davidson (NYSE:HOG): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $46 to $44. About the company: Harley-Davidson, Inc. designs, manufactures, and sells motorcycles. The Company’s products include heavyweight touring, custom, and performance motorcycles, as well as a line of motorcycle parts, accessories, and general merchandise. Harley-Davidson also provides motorcycle floor planning and parts and accessories financing to its North American and European dealers.
  • EMC (NYSE:EMC): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $28 to $30. About the company: EMC Corporation provides enterprise storage systems, software, networks, and services. The Company’s products store, retrieve, manage, protect, and share information from all major computing environments and mainframe platforms. EMC operates offices around the world.
  • Brown & Brown (NYSE:BRO): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $25 to $22. About the company: Brown & Brown, Inc. and its subsidiaries provide a range of insurance and reinsurance products and services. The Company also provides risk management, employee benefit administration, and managed health care services. Brown & Brown operates offices across the United States.
  • Range Resources (NYSE:RRC): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $75 to $90. About the company: Range Resources Corporation is an independent oil and gas company that explore, develops, and acquires oil and gas properties. The Company conducts operations primarily in the Southwestern, Appalachian and Gulf Coast regions of the United States.
  • Juniper Networks (NYSE:JNPR): Needham reiterated its rating of Buy for this company and changed its price target from $34 to $26. About the company: Juniper Networks, Inc. provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, Ethernet switching, security and application acceleration solutions.
  • Plexus (NASDAQ:PLXS): Needham reiterated its rating of Buy for this company and changed its price target from $37 to $32. About the company: Plexus Corp. is a participant in the Electronics Manufacturing Services (NYSE:EMS) Industry, providing product design,supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure,Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.
  • Linear Tech (NASDAQ:LLTC): FBR Capital reiterated its rating of Underperform for this company and changed its price target from $30 to $27. About the company: Linear Technology Corporation designs, manufactures, and markets a line of linear integrated circuits. The Company’s products include high performance amplifiers, comparators, voltage references, monolithic filters, linear regulators, DC-DC converters, battery chargers, data converters, communications interface circuits, and RF signal conditioning circuits.
  • Magellan Midstream (NYSE:MMP): Wunderlich reiterated its rating of Buy for this company and changed its price target from $64 to $69. About the company: Magellan Midstream Partners, L.P. is primarily involved in the storage, transportation, and distribution of refined petroleum products and ammonia. The Company’s asset portfolio includes a pipe line system serving the mid-continent region of the United States, petroleum products marine terminal facilities, petroleum products terminals, and an ammonia pipeline system.
  • Goldman Sachs (NYSE:GS): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $155 to $145. About the company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.
  • W.W. Grainger (NYSE:GWW): FBR Capital reiterated its rating of Mkt Perform for this company and changed its price target from $146 to $164. About the company: W.W. Grainger, Inc. distributes maintenance, repair and operating supplies, and related information to the commercial, industrial, contractor, and institutional markets in North America. The Company’s products include motors, HVAC equipment, lighting, hand and power tools, pumps, and electrical equipment.
  • Check Point Software (NASDAQ:CHKP): Macquarie reiterated its rating of Outperform for this company and changed its price target from $59 to $67. About the company: Check Point Software Technologies Ltd. develops, markets and supports a range of software and hardware products and services for information technology (NYSE:IT) security and offers its customers a network and gateway security solutions, data and endpoint security solutions and management solutions.

(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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