Financial Analysts Reiterate Stock Ratings on These Companies Today

Wall St. Watchdog reveals information about companies for which stock analysts reiterated their ratings on September 29th:

  • McCormick (NYSE:MKC): Barclays Capital reiterated its rating of Equal Weight for this company and changed its price target from $52 to $49. About the company: McCormick & Company, Inc. manufactures, markets, and distributes flavor products (including spices, herbs, extracts, seasonings and flavorings) and other specialty food products to the food industry. The Company sells to retail stores, food manufacturers, and food service businesses.
  • Ferrellgas Partners (NYSE:FGP): Barclays Capital reiterated its rating of Underweight for this company and changed its price target from $23 to $21. About the company: Ferrellgas Partners, L.P. sells, distributes, markets, and trades propane and other natural gas liquids. The Partnership serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers throughout the United States, the District of Columbia, and Puerto Rico.
  • Family Dollar (NYSE:FDO): Barclays Capital reiterated its rating of Equal Weight for this company and changed its price target from $46 to $57. About the company: Family Dollar Stores, Inc. is a national discount store chain. The Company operates stores located throughout the United States that offer merchandise that includes consumables, home products, apparel and accessories, seasonal and electronics.
  • Lincoln Electric (NASDAQ:LECO): Longbow reiterated its rating of Buy for this company and changed its price target from $48 to $40. About the company: Lincoln Electric Holdings, Inc. designs and manufactures welding and cutting products. The Company’s products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, fluxes, and regulators and torches used in oxy-fuel welding and cutting.
  • Cabela’s (NYSE:CAB): Longbow reiterated its rating of Buy for this company and changed its price target from $33 to $29. About the company: Cabela’s Incorporated retails hunting, fishing, camping, and outdoor sports products and apparel. The Company markets its products through its retail stores, website, and catalog. Cabela’s retail stores also offer in-house clinics associated with hunting, fishing, and camping.
  • Paychex (NASDAQ:PAYX): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $34 to $30. About the company: Paychex, Inc. provides comprehensive payroll and integrated human resource and employee benefits outsourcing solutions for small- to medium-sized businesses in the United States. The Company’s services range from calculating payroll and filing tax payments to administering retirement plans and workers’ compensation.
  • ONEOK Partners (NYSE:OKS): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $47 to $52. About the company: ONEOK Partners, L.P., through a subsidiary limited partnership, owns a general partner interest in a master limited partnership. The partnership owns an interstate pipeline system that transports natural gas primarily in the upper Midwest and Mid Continent regions of the United States.
  • Actuant (NYSE:ATU): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $29 to $25. About the company: Actuant Corporation manufactures and markets a broad range of industrial products and systems. The Company sells branded, specialized electrical and industrial tools to hydraulic and electrical wholesale distributors, to catalog houses, and through retail distribution channels. Actuant also designs and markets customized motion control systems for original equipment manufacturers.
  • Itron (NASDAQ:ITRI): Wunderlich reiterated its rating of Sell for this company and changed its price target from $38 to $22. About the company: Itron, Inc. provides solutions for collecting, communicating, and analyzing electric, gas, and water usage data. The Company sells its products to the utility industry. Itron designs, manufactures, markets, sells, installs, and services hardware, software, and integrated systems for handheld computer-based electronic meter reading and automatic meter reading systems.
  • Aixtron (NASDAQ:AIXG): Kaufman Bros reiterated its rating of Buy for this company and changed its price target from $37 to $22. About the company: Aixtron AG engineers and manufactures metal organic chemical vapor deposition (MOCVD) equipment for the semiconductor industry. The Company’s customers use its equipment to produce compound semiconductor layer structures for use in LED, laser, solar cell, transistor, telecommunications, and other applications. Aixtron markets its products worldwide.
  • Veeco Instruments (NASDAQ:VECO): Kaufman Bros reiterated its rating of Buy for this company and changed its price target from $59 to $40. About the company: Veeco Instruments Inc. manufactures enabling solutions for customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets. The Company has technology positions in three businesses: LED & Solar Process Equipment, Data Storage Process Equipment, and Metrology Instruments.
  • Valassis (NYSE:VCI): The Benchmark Company reiterated its rating of Buy for this company and changed its price target from $37 to $28. About the company: Valassis Communications, Inc. is a media and marketing services company serving a wide range of industries. The Company and its subsidiaries offer products and services to mass or targeted audiences by mail, in newspapers and stores, and online. Valassis also offers coupon redemption and management; promotion and sweepstakes security; and frequent shopper data collection and analysis.
  • Evercore (NYSE:EVR): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $37 to $26. About the company: Evercore Partners Inc. is an investment banking boutique. The firm provides advisory services to multinational corporations on mergers, acquisitions, divestitures, restructurings and other corporate transactions. Evercore also manages private equity funds for institutional investors.
  • Advanced Micro (NYSE:AMD): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $12 to $8.5. About the company: Advanced Micro Devices, Inc. manufactures semiconductor products. The Company manufactures products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis.

(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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