New Tech Stock Price Targets for These Companies in December: TLEO, RIMM, ALTR, SFSF, LOGM, ULTI, NVLS

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

  • Taleo (NASDAQ:TLEO): Feltl & Co. reiterated its rating of Strong Buy for this company and changed its price target from $40 to $45 on Dec 5th. The shares recently traded at $41.54, up $2.04, or 5.16% since the analyst’s rating. About the company: Taleo Corporation is a provider of enterprise staffing management solutions that enable large organizations to establish, automate and manage worldwide staffing processes for professional, hourly and temporary staff. Get the most recent company news and stock data here >>
  • Research In Motion (NASDAQ:RIMM): Wunderlich reiterated its rating of Hold for this company and changed its price target from $24 to $16 on Dec 5th. The shares recently traded at $16.21, down $0.81, or 4.76% since the analyst’s rating. About the company: Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications. Get the most recent company news and stock data here >>
  • Altera (NASDAQ:ALTR): Mizuho reiterated its rating of Buy for this company and changed its price target from $40 to $46 on Dec 5th. The shares recently traded at $35.58, down $2.03, or 5.4% since the analyst’s rating. About the company: Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company’s products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits. Get the most recent company news and stock data here >>
  • SuccessFactors (NASDAQ:SFSF): BMO Capital Markets reiterated its rating of Market Perform for this company and changed its price target from $26 to $40 on Dec 5th. The shares recently traded at $39.88, up $0.13, or 0.33% since the analyst’s rating. About the company: SuccessFactors, Inc. provides on-demand performance and employee software solutions to help organizations optimize their performance. Get the most recent company news and stock data here >>
  • LogMeIn (NASDAQ:LOGM): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $40 to $47 on Dec 6th. The shares recently traded at $42.12, down $1.8, or 4.1% since the analyst’s rating. About the company: LogMeIn, Inc. offers remote connectivity services to computers for mobile professionals, and help desk and systems administrators worldwide. Get the most recent company news and stock data here >>
  • Allot Comms (NASDAQ:ALLT): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $18 to $20 on Dec 6th. The shares recently traded at $18.47, up $0.74, or 4.17% since the analyst’s rating. About the company: Allot Communications Ltd. designs and develops broadband service optimization solutions using advanced deep packet inspection (DPI) technology. The Company provides their customers with real-time highly granular visibility into network traffic and enables them to effectively manage and optimize their networks. Get the most recent company news and stock data here >>
  • Ultimate Software (NASDAQ:ULTI): Wunderlich reiterated its rating of Buy for this company and changed its price target from $65 to $77 on Dec 6th. The shares recently traded at $69.56, up $1.62, or 2.38% since the analyst’s rating. About the company: The Ultimate Software Group, Inc. designs, markets, implements, and supports Web-based and client/server cross-industry human resource management (HRMS) and payroll software solutions. The Company’s solutions are marketed primarily to middle-market organizations. Ultimate’s products automate HRMS/payroll functions and are enabling tools in the management of the employee life cycle. Get the most recent company news and stock data here >>
  • F5 Networks (NASDAQ:FFIV): Wunderlich reiterated its rating of Hold for this company and changed its price target from $93 to $110 on Dec 6th. The shares recently traded at $112.36, down $1.96, or 1.71% since the analyst’s rating. 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. Get the most recent company news and stock data here >>
  • Novellus (NASDAQ:NVLS): Needham reiterated its rating of Buy for this company and changed its price target from $37 to $40 on Dec 6th. The shares recently traded at $35.93, down $1.11, or 3% since the analyst’s rating. About the company: Novellus Systems, Inc. manufactures, markets, and services equipment used in the fabrication of integrated circuits, commonly called chips or semiconductors. The Company also develops, manufactures, sells and supports grinding, lapping and polishing equipment for a broad spectrum of industrial applications. Get the most recent company news and stock data here >>
  • Liquidity Services (NASDAQ:LQDT): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $41 to $43 on Dec 7th. The shares recently traded at $36.94, down $1.1, or 2.89% since the analyst’s rating. About the company: Liquidity Services Inc. provides full service solutions to market and sell surplus assets and wholesale goods. 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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