New Stock Ratings and Price Targets October 12th

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

  • Power-One (NASDAQ:PWER): Dougherty & Company reiterated its rating of Buy for this company and changed its price target from $9 to $6. About the company: Power-One, Inc. designs and manufactures power conversion products primarily for the communications infrastructure market. The Company sells its products to customers in the communications, automatic test equipment, medical equipment, industrial, transportation, and other electronic equipment industries.
  • Ball Corp (NYSE:BLL): Longbow reiterated its rating of Buy for this company and changed its price target from $48 to $46. About the company: Ball Corporation manufactures metal and plastic packaging for the beverage, food, and household products industries. The Company also supplies aerospace and other technologies and services to commercial and governmental customers.
  • Oshkosh Truck (NYSE:OSK): Longbow reiterated its rating of Buy for this company and changed its price target from $44 to $25. About the company: Oshkosh Corporation designs, manufactures and markets fire and emergency apparatuses and specialty commercial and military trucks. The Company provides products such as pumpers, aerial and ladder trucks, tankers, rescue vehicles, snow removal vehicles, refuse truck bodies, and concrete mixers.
  • ShoreTel (NASDAQ:SHOR): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $13 to $12. About the company: ShoreTel, Inc. provides Internet protocol telecommunications systems for enterprises. The Company’s systems are based on distributed software architecture and switch-based hardware platforms which enable multi-site enterprises to be served by a single telecommunications system.
  • Safeguard Sci (NYSE:SFE): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $22 to $24. About the company: Safeguard Scientifics, Inc. offers growth capital and strategic and operational support to life sciences and information technology companies. The Company participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations, and early-stage financings.
  • F5 Networks (NASDAQ:FFIV): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $84 to $92. About the company: F5 Networks, Inc. provides integrated Internet traffic management solutions designed to improve the availability and performance of mission-critical Internet-based servers and applications. The Company’s software-based solutions manage, control and optimize Internet traffic and content. F5′s solutions automatically deliver Internet content for service providers and e-businesses.
  • Intel (NASDAQ:INTC): Sterne Agee reiterated its rating of Buy for this company and changed its price target from $28 to $26. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
  • Generac (NYSE:GNRC): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $23 to $25. About the company: Generac Holdings, Inc. manufactures automatic, stationary standby and portable generators. The Company’s generators serve the residential, commercial, industrial and telecommunications markets.
  • Sensata Tech (NYSE:ST): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $41 to $39. About the company: Sensata Technologies Holding N.V. develops, manufactures, and sells sensors and controls. The Company produces thermal circuit breakers for aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors.
  • Netflix (NASDAQ:NFLX): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $270 to $185. About the company: Netflix Inc. is an online movie rental service. The Company ships DVDs with no due dates or late fees, directly to the subscriber’s address. Netflix also provides background information on DVD releases, including critic reviews, member reviews and ratings, and personalized movie recommendations.
  • ON Semiconductor (NASDAQ:ONNN): Needham reiterated its rating of Buy for this company and changed its price target from $12 to $10. About the company: ON Semiconductor Corporation supplies analog, standard logic, and discrete semiconductors for data and power management. The Company’s products include integrated circuits, and analog ICs. ON also offers discrete semiconductors in a variety of surface mount and standard packages.
  • Meredith (NYSE:MDP): The Benchmark Company reiterated its rating of Hold for this company and changed its price target from $33 to $27. About the company: Meredith Corporation is a diversified media company primarily focused on publishing and broadcasting. The Company’s publishing segment includes magazine and book publishing, integrated marketing, interactive media, brand licensing, and other related operations. Meredith also operates network-affiliated television stations and markets and develops syndicated television programs.
  • ITT Industries (NYSE:ITT): FBR Capital reiterated its rating of Mkt Perform for this company and changed its price target from $52 to $47. About the company: ITT Corporation designs and manufactures a variety of engineered products. The Company produces pumps, systems, and services to measure and control water and other fluids. ITT also supplies military defense systems, including night vision devices, secure communication systems, and avionics, in addition to providing electrical interconnects, and data storage and PC cards.

(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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