New Analyst Ratings and Price Targets on These Tech Stocks: TSU, RAX, LNKD, JCOM, TIBX

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Technology sector for the week ending December 9th, 2011.

  • TIM Participacoes (NYSE:TSU): Standpoint Research initiated coverage of this company with a rating of Buy and a price target of $31 on Dec 5th. The shares recently traded at $24.32, down $0.55, or 2.21% since the analyst’s rating. About the company: Tim Participacoes S.A. provides mobile telecommunications services, cellular phone data transmission and mobile internet services through its mobile operators throughout Brazil. Get the most recent company news and stock data here >>
  • Rackspace (NYSE:RAX): Collins Stewart initiated coverage of this company with a rating of Neutral and a price target of $43 on Dec 5th. The shares recently traded at $43.95, up $0.61, or 1.41% since the analyst’s rating. About the company: Rackspace Hosting, Inc. delivers websites, web-based IT systems, and provides related services. Get the most recent company news and stock data here >>
  • Pandora Media (NYSE:P): Canaccord Genuity initiated coverage of this company with a rating of Hold and a price target of $13 on Dec 7th. The shares recently traded at $9.93, down $0.54, or 5.16% since the analyst’s rating. About the company: Pandora Media Inc. provides radio services through the internet. The Company offers radio stations available to stream on computers and mobile phones. Pandora’s services allow users to search on their favorite artists, genres, and songs while Pandora selects “stations” that match or are similar to their search. Get the most recent company news and stock data here >>
  • LinkedIn (NYSE:LNKD): Canaccord Genuity initiated coverage of this company with a rating of Buy and a price target of $85 on Dec 7th. The shares recently traded at $71.29, down $2.97, or 4% since the analyst’s rating. About the company: LinkedIn Corporation operates a social networking website used for professional networking. The Company’s website allows members to post a profile of their professional expertise and accomplishments. LinkedIn allows members to be introduced to potential clients, service providers, and subject experts. Get the most recent company news and stock data here >>
  • Google (NASDAQ:GOOG): Canaccord Genuity initiated coverage of this company with a rating of Buy and a price target of $725 on Dec 7th. The shares recently traded at $625.39, up $2, or 0.32% since the analyst’s rating. About the company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. Get the most recent company news and stock data here >>
  • Broadsoft (NASDAQ:BSFT): Brigantine initiated coverage of this company with a rating of Buy and a price target of $42.5. Mizuho initiated coverage of this company with a rating of Buy and a price target of $43 on Dec 7th. The shares recently traded at $37.12, down $0.66, or 1.75% since the analyst’s rating. About the company: BroadSoft Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based, or IP-based, networks. The Company’s software enables customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications. Get the most recent company news and stock data here >>
  • j2 Global (NASDAQ:JCOM): Mizuho initiated coverage of this company with a rating of Neutral and a price target of $29 on Dec 7th. The shares recently traded at $26.44, down $0.01, or 0.04% since the analyst’s rating. About the company: j2 Global Communications, Inc. provides Internet-based messaging and communications services to individuals and businesses throughout the world. The Company’s global network covers cities in various countries and spans North America, Europe, and the Asia/Pacific region. j2 enables customers to manage their communications through the Web, phone, or wireless device. Get the most recent company news and stock data here >>
  • Synaptics (NASDAQ:SYNA): Mizuho initiated coverage of this company with a rating of Buy and a price target of $36 on Dec 7th. The shares recently traded at $32.47, down $0.94, or 2.81% since the analyst’s rating. About the company: Synaptics Incorporated develops custom-designed user interface solutions. The Company’s solutions enable people to interact with a variety of mobile computing and communications devices. Synaptics offers a touch-sensitive pad that senses the position of a person’s finger on its surface to provide screen navigation, cursor movement, and a platform of interactive input. Get the most recent company news and stock data here >>
  • Nuance Communications (NASDAQ:NUAN): Mizuho initiated coverage of this company with a rating of Buy and a price target of $28 on Dec 7th. The shares recently traded at $24.30, down $0.17, or 0.69% 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 >>
  • TIBCO Software (NASDAQ:TIBX): Mizuho initiated coverage of this company with a rating of Neutral and a price target of $29 on Dec 8th. The shares recently traded at $26.60, down $0.38, or 1.41% since the analyst’s rating. About the company: TIBCO Software Inc. provides electronic business infrastructure software products that enable business-to-business, business-to-consumer, and business-to-employee solutions. The Company’s software products enable businesses to link internal operations, business partners, and customer channels in real time. 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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