Dow Jones Continues Climb: Analysts Change Price Ratings on These Stocks Today

Wall St. Watchdog reveals information about companies for which stock analysts reiterated their ratings on the shares on August 24th:

  • Lumber Liquidators (NYSE:LL): Longbow reiterated its rating of Buy for this company and changed its price target from $28 to $22.  About the company:  Lumber Liquidators Holdings, Inc. retails hardwood flooring in the United States. The Company sells domestic and exotic wood species in both prefinished and unfinished forms.
  • OmniVision (NASDAQ:OVTI): Wedbush reiterated its rating of Outperform for this company and changed its price target from $45 to $38.  About the company: OmniVision Technologies, Inc. provides integrated single chip semiconductor imaging devices. The Company designs, develops, and markets semiconductor imaging devices for computing, communications, and consumer electronics applications. OmniVision’s image sensor product is used in cameras and camera related products such as personal computer, digital, and security cameras.
  • Pacific Sunwear (NASDAQ:PSUN): Wedbush reiterated its rating of Underperform for this company and changed its price target from $3.5 to $2.  About the company: Pacific Sunwear of California, Inc. operates a nationwide mall-based specialty retail chain of stores. The Company specializes in casual apparel, footwear, and related accessories catering to teenagers and young adults.
  • Cabot Micro (NASDAQ:CCMP): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $68 to $57.  About the company: Cabot Microelectronics Corporation supplies slurries used in chemical mechanical planarization, a polishing process used in the manufacture of integrated circuit devices. The slurries are liquids containing abrasives and chemicals that enhance the polishing process. The polishing process itself facilitates the manufacture of smaller, faster, and more complex integrated circuit devices.
  • Raymond James (NYSE:RJF): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $37 to $34.  About the company: Raymond James Financial, Inc. provides financial services to individuals, corporations, and municipalities through its subsidiary investment firms. The Company operates throughout the United States, Canada and overseas.
  • Thoratec (NASDAQ:THOR): Morgan Keegan reiterated its rating of Mkt Perform for this company and changed its price target from $35 to $32.  About the company: Thoratec Corporation researches, develops, manufactures, and markets medical devices for circulatory support and vascular graft applications. The Company’s products include a ventricular assist device, an implantable left ventricular heart assist device, a vascular access graft, and a coronary artery bypass graft. Thoratec also supplies whole-blood coagulation testing equipment.
  • Medtronic (NYSE:MDT): Morgan Keegan reiterated its rating of Mkt Perform for this company and changed its price target from $43 to $38.  About the company: Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company’s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic’s products are sold worldwide.
  • Johnson & Johnson (NYSE:JNJ): Morgan Keegan reiterated its rating of Mkt Perform for this company and changed its price target from $70 to $68.  About the company: Johnson & Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.
  • St. Jude Medical (NYSE:STJ): Morgan Keegan reiterated its rating of Outperform for this company and changed its price target from $60 to $53.  About the company: St. Jude Medical, Inc. develops, manufactures, and distributes medical devices for the worldwide cardiovascular market. The Company serves patients and its health care customers with products and services including heart valves, cardiac rhythm management systems, specialty catheters, and other cardiovascular devices.
  • HeartWare (NASDAQ:HTWR): Morgan Keegan reiterated its rating of Outperform for this company and changed its price target from $83 to $73.  About the company: HeartWare International Inc is developing a range of implantable mechanical circulatory assist devices or heart pumps, used for the treatment of congestive heart failure.
  • Edwards Lifesciences (NYSE:EW): Morgan Keegan reiterated its rating of Outperform for this company and changed its price target from $97 to $91.  About the company: Edwards Lifesciences Corporation designs, develops, manufactures, and markets products and services to treat late-stage cardiovascular disease. The Company’s products include tissue replacement heart valves, heart valve repair products, hemodynamic monitoring devices, angioscopy equipment, oxygenators, and pharmaceuticals. Edwards supplies its products to customers located worldwide.
  • Dexcom (NASDAQ:DXCM): Morgan Keegan reiterated its rating of Outperform for this company and changed its price target from $18 to $15.  About the company: DexCom Inc. is a medical device company focused on the design and development of continuous glucose monitoring systems for people with diabetes. The Company has developed a small implantable device that continuously measures glucose levels in subcutaneous tissue just under the skin, and a small external receiver to which the sensor transmits glucose levels at specified intervals.
  • Corinthian Colleges (NASDAQ:COCO): FBR Capital reiterated its rating of Underperform for this company and changed its price target from $4 to $1.75.  About the company: Corinthian Colleges, Inc. is a private, for-profit post-secondary education company operating in the United States. The Company currently operates colleges in various states. Corinthian offers a variety of degrees and diploma programs in the healthcare, electronics, and business fields.
  • Gushan Environmental Energy (NYSE:GU): Ardour Capital reiterated its rating of Hold for this company and changed its price target from $4 to $2.  About the company: Gushan Environmental Energy Limited produces biofuel. The Company produces biodiesel and by-products of biodiesel production, including glycerine, plant asphalt, erucic acid and erucic amide.
  • Trina Solar (NYSE:TSL): Ardour Capital reiterated its rating of Buy for this company and changed its price target from $30 to $24.  About the company: Trina Solar Limited manufactures solar-power products including photovoltaic wafers, ingots, cells and modules. The Company’s solar modules provide environmentally-friendly electric power for residential, commercial, industrial, and other applications worldwide.
  • Temple-Inland (NYSE:TIN): Longbow reiterated its rating of Buy for this company and changed its price target from $35 to $27.  About the company: Temple-Inland Inc. manufactures paper, corrugated packaging, and building products. Temple-Inland’s products include linerboard, lumber, particleboard, and fiberboard.

(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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