New Tech Stock Price Targets for the Week Ending Nov. 11th

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

  • Silicon Labs (NASDAQ:SLAB): JMP Securities reiterated its rating of Mkt Outperform for this company and changed its price target from $44 to $50 on Nov 7th. The shares recently traded at $42.67, up $0.2, or 0.47% since the analyst’s rating. About the company: Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits (NYSE:ICS) for the wireless, wireline, and optical communications industries. Mixed-signal ICs are electronic components that process both digital signals and real-world analog signals, such as sound and radio waves. Get the most recent company news and stock data here >>
  • Juniper Networks (NYSE:JNPR): ISI Group reiterated its rating of Buy for this company and changed its price target from $25 to $30 on Nov 7th. The shares recently traded at $24.76, up $1.05, or 4.43% since the analyst’s rating. About the company: Juniper Networks, Inc. provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, Ethernet switching, security and application acceleration solutions. Get the most recent company news and stock data here >>
  • Intuit (NASDAQ:INTU): UBS reiterated its rating of Buy for this company and changed its price target from $53 to $60 on Nov 8th. The shares recently traded at $53.26, down $0.81, or 1.5% since the analyst’s rating. About the company: Intuit Inc. develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals The Company provides software for small business management and payroll processing, personal finance, and tax preparation and filing. Get the most recent company news and stock data here >>
  • Rackspace (NYSE:RAX): The Benchmark Company reiterated its rating of Hold for this company and changed its price target from $42 to $45 on Nov 8th. The shares recently traded at $42.24, down $2.64, or 5.88% 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 >>
  • Envestnet (NYSE:ENV): UBS reiterated its rating of Buy for this company and changed its price target from $16 to $13 on Nov 9th. The shares recently traded at $11.56, up $0.48, or 4.33% since the analyst’s rating. About the company: Envestnet, Inc. develops and markets computer software for financial advisors. The Company develops Internet-based software that includes risk assessment, investment strategy selection, asset allocation, research and due diligence, portfolio construction, proposal generation, paperwork preparation, model management, account rebalancing, account monitoring, and other features. Get the most recent company news and stock data here >>
  • Knology (NASDAQ:KNOL): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $19 to $17 on Nov 9th. The shares recently traded at $13.94, down $0.05, or 0.36% since the analyst’s rating. About the company: Knology, Inc. is a fully integrated provider of video, voice and advanced communications services to residential customers in the southeastern United States. The Company’s products include cable television and bundled voice and data services. Get the most recent company news and stock data here >>
  • Rovi (NASDAQ:ROVI): Canaccord Genuity reiterated its rating of Buy for this company and changed its price target from $71 to $63 on Nov 9th. The shares recently traded at $30.80, up $2.57, or 9.1% since the analyst’s rating. About the company: Rovi Corporation provides digital home entertainment experience by delivering solutions to businesses to protect, enhance an distribute digital goods to consumers across multiple channels. The Company’s services and products include connected middleware, media recognition, interactive programming guides, copy protection and rich media. Get the most recent company news and stock data here >>
  • Universal Display (NASDAQ:PANL): Brigantine reiterated its rating of Buy for this company and changed its price target from $56 to $59 on Nov 9th. The shares recently traded at $50.77, up $0.98, or 1.97% since the analyst’s rating. About the company: Universal Display Corporation is a member of the United States Display Consortium. The consortium is a cooperative industry/government effort aimed at developing an infrastructure to support a North American flat panel display infrastructure. The Company and its partners are developing high-resolution, full color, light weight Organic Light Emitting Diode (OLED) technology. Get the most recent company news and stock data here >>
  • Photronics (NASDAQ:PLAB): Needham reiterated its rating of Buy for this company and changed its price target from $11 to $8 on Nov 9th. The shares recently traded at $5.94, up $0.03, or 0.51% since the analyst’s rating. About the company: Photronics, Inc. manufactures photomasks, which are high precision quartz plates that contain microscopic images of electronic circuits. The Company’s products are used to transfer circuit patterns onto semiconductor wafers during the fabrication of integrated circuits. Photronics operates manufacturing facilities in Asia, Europe, and North America. Get the most recent company news and stock data here >>
  • SINA (NASDAQ:SINA): Brean Murray reiterated its rating of Buy for this company and changed its price target from $128 to $132 on Nov 9th. The shares recently traded at $78.89, up $1.39, or 1.79% since the analyst’s rating. About the company: SINA Corporation is a global Internet media company operating Chinese-language destination sites. The Company offers a network of branded content and services targeting people of Chinese descent worldwide. SINA.com offers online news, entertainment, community, and commerce through web sites that are produced and updated by local teams in China, Hong Kong, Taiwan, and North America. 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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