Bank Analysts Issued New Price Targets These Stocks August 12th

Wall St. Watchdog reveals information about companies for which stock analysts reiterated their ratings on August 12th:

  • DeVry (NYSE:DV): UBS reiterated its rating of Buy for this stock and changed its price target from $75 to $70.  About the company: DeVry, Inc. owns and manages higher education systems throughout North America. The Institutions offers various degrees in a wide range of disciplines, including associate, bachelor’s and master’s degree programs in technology; healthcare technology; business and management, as well as online secondary education to school districts and medical education.
  • Advance Auto (NYSE:AAP): UBS reiterated its rating of Neutral for this company and changed its price target from $55 to $59.  About the company:  Advance Auto Parts, Inc. is a retailer of auto parts and accessories. The Company operates stores in various states, primarily located in the northeastern, southeastern, and midwestern regions of the United States, and in Puerto Rico and the Virgin Islands.
  • Autodesk (NASDAQ:ADSK): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $46 to $35.  About the company:  Autodesk, Inc. supplies PC software and multimedia tools. The Company’s two-dimensional and three-dimensional products are used across industries and in the home for architectural design, mechanical design, geographic information systems and mapping, and visualization applications. Autodesk’s software products are sold worldwide through a network of dealers and distributors.
  • SodaStream (NASDAQ:SODA): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $80 to $65.  About the company:  SodaStream International Ltd. manufactures home beverage carbonation systems, which enable consumers to transform tap water into carbonated soft drinks and sparkling water. The Company develops, manufactures and sells soda makers and exchangeable carbon-dioxide (CO2) cylinders, as well as consumables, consisting of CO2 refills, reusable carbonation bottles, and flavors.
  • Fortegra Financial (NYSE:FRF): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $15 to $13.  About the company:  Fortegra Financial Corporation offers insurance products and services to insurance companies, agents and brokers. The Company offers credit insurance, debt protection, warranty, service contract and car club solutions; business process outsourcing services for insurance companies and commercial lenders; and wholesale brokers specialty property/casualty and surplus lines insurance.
  • Enersys (NYSE:ENS): Kaufman Bros reiterated its rating of Buy for this company and changed its price target from $47 to $35.  About the company: EnerSys manufactures, markets, and distributes industrial batteries. The Company also manufactures, markets, and distributes related products such as chargers, power equipment, and battery accessories. EnerSys provides related after-market and customer-support services for lead-acid industrial batteries.
  • DeVry (NYSE:DV): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $69 to $64.  About the company:  DeVry, Inc. owns and manages higher education systems throughout North America. The Institutions offers various degrees in a wide range of disciplines, including associate, bachelor’s and master’s degree programs in technology; healthcare technology; business and management, as well as online secondary education to school districts and medical education.
  • Am Superconductor (NASDAQ:AMSC): Ardour Capital reiterated its rating of Hold for this company and changed its price target from $8.5 to $6.5.  About the company:  American Superconductor Corporation is an energy technologies company that offers solutions based upon its programmable power electronic converters and high temperature superconductor (NYSE:HTS) wires. The Company serves the utility, industrial and wind power markets.
  • Enersys (NYSE:ENS): Needham reiterated its rating of Buy for this company and changed its price target from $42 to $36.  About the company: EnerSys manufactures, markets, and distributes industrial batteries. The Company also manufactures, markets, and distributes related products such as chargers, power equipment, and battery accessories. EnerSys provides related after-market and customer-support services for lead-acid industrial batteries.

(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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