New Stock Price Targets Issued for These Technology Companies in November

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Technology sector for the week ending November 11th, 2011.

  • Groupon (NASDAQ:GRPN): The Benchmark Company initiated coverage of this company with a rating of Buy and a price target of $32 on Nov 7th. The shares recently traded at $24.07, down $1.9, or 7.32% since the analyst’s rating. About the company: Groupon advertises a daily deal, typically a half-off coupon for anything from a local restaurant or retail store to a hotel or spa; if enough consumers buy the coupon online by midnight, the deal is on and the featured business can achieve a nice chunk in sales. Get the most recent company news and stock data here >>
  • Groupon (NASDAQ:GRPN): Hudson Square Research initiated coverage of this company with a rating of Buy and a price target of $35 on Nov 8th. The shares recently traded at $24.07, down $0.83, or 3.33% since the analyst’s rating. About the company: Groupon advertises a daily deal, typically a half-off coupon for anything from a local restaurant or retail store to a hotel or spa; if enough consumers buy the coupon online by midnight, the deal is on and the featured business can achieve a nice chunk in sales. Get the most recent company news and stock data here >>
  • CTG (NASDAQ:CTGX): Northland Securities initiated coverage of this company with a rating of Outperform and a price target of $16 on Nov 9th. The shares recently traded at $12.47, up $0.25, or 2.05% since the analyst’s rating. About the company: Computer Task Group, Incorporated provides business consulting, electronic business, and information technology management solutions. The Company plans, designs, implements, and maintains start-to-finish application and information technology solutions. Get the most recent company news and stock data here >>
  • IHS (NYSE:IHS): Northland Securities initiated coverage of this company with a rating of Outperform and a price target of $100 on Nov 9th. The shares recently traded at $86.20, up $2.33, or 2.78% since the analyst’s rating. About the company: IHS Inc. provides provides critical information and insight in the areas of Energy, Product Lifecycle, Security, Environment and Macroeconomics that global businesses use for decision-making and management. Get the most recent company news and stock data here >>
  • Entegris (NASDAQ:ENTG): Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $12 on Nov 11th. The shares recently traded at $8.89, down $0.13, or 1.44% since the analyst’s rating. About the company: Entegris Inc. provides materials management products and services to the microelectronics industry on a worldwide basis. The Company provides products such as wafer shippers, wafer transport and process carriers, pods, and work-in-process boxes. Entegris also provides chemical delivery products such as valves, fittings, tubing, pipe, and containers. 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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