New Tech Stock Price Targets to Watch Now

Wall St. Watchdog reveals information about companies for which stock analysts reiterated ratings in the Technology sector for the week ending November 4th, 2011.

  • Taleo (NASDAQ:TLEO): Feltl & Co. reiterated its rating of Strong Buy for this company and changed its price target from $35 to $40 on Oct 31st. The shares recently traded at $33.09, up $0.69, or 2.13% 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 >>
  • Computer Prgms & Syst (NASDAQ:CPSI): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $88 to $61 on Oct 31st. The shares recently traded at $52.34, up $1.27, or 2.49% since the analyst’s rating. About the company: Computer Programs and Systems, Inc., is a healthcare information technology company that designs, develops, markets, installs and supports computerized information technology systems to hospitals. The Company also provides software and hardware products. Get the most recent company news and stock data here >>
  • Dun & Bradstreet (NYSE:DNB): The Benchmark Company reiterated its rating of Hold for this company and changed its price target from $82 to $75 on Oct 31st. The shares recently traded at $66.76, down $0.1, or 0.15% since the analyst’s rating. About the company: The Dun & Bradstreet Corporation provides business information and technology solutions. The Company’s customers use these solutions in order to reduce credit risk, find profitable business partners, manage business relationships and collect cash and receivables. Dun & Bradstreet’s database contains information on public and private companies around the world. Get the most recent company news and stock data here >>
  • Leap Wireless (NASDAQ:LEAP): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $11 to $9. Hudson Square Research reiterated its rating of Buy for this company and changed its price target from $15 to $18 on Nov 1st. The shares recently traded at $9.17, up $1.46, or 18.94% since the analyst’s rating. About the company: Leap Wireless International, Inc. provides mobile wireless services. The Company’s services are targeted to meet the needs of customers who are under-served by traditional communications companies. Leap’s Cricket service is available to customers in various states from New York to California. Get the most recent company news and stock data here >>
  • Changyou.com (NASDAQ:CYOU): Brean Murray reiterated its rating of Buy for this company and changed its price target from $54 to $33 on Nov 1st. The shares recently traded at $25.93, down $0.49, or 1.85% since the analyst’s rating. About the company: Changyou.com Ltd. develops online computer games. The Company licenses its massively multi-player online role playing games. Get the most recent company news and stock data here >>
  • Cavium Networks (NASDAQ:CAVM): Wunderlich reiterated its rating of Buy for this company and changed its price target from $27 to $25 on Nov 1st. The shares recently traded at $33.34, down $0.27, or 0.8% since the analyst’s rating. About the company: Cavium Networks, Inc. provides semiconductor processors that enable intelligent networking, communications and security applications. The Company offers a broad portfolio of software compatible processors and accelerator boards ranging in performance from 10 Mbps to 10 Gbps. Get the most recent company news and stock data here >>
  • Intevac (NASDAQ:IVAC): Needham reiterated its rating of Buy for this company and changed its price target from $13 to $10 on Nov 1st. The shares recently traded at $7.94, up $0.9, or 12.78% since the analyst’s rating. About the company: Intevac, Inc. designs, manufactures, and sells complex capital equipment that is primarily used to manufacture data storage products and flat panel displays. The Company supplies electro-optical devices and sputtering systems used to manufacture thin-film disks for computer hard disk drives. Intevac also sells disk lubrication equipment and contact stop-start test equipment. Get the most recent company news and stock data here >>
  • IPG Photonics (NASDAQ:IPGP): Dougherty & Company reiterated its rating of Buy for this company and changed its price target from $75 to $70 on Nov 2nd. The shares recently traded at $51.40, up $0.68, or 1.34% since the analyst’s rating. About the company: IPG Photonics Corporation produces high-power fiber lasers and amplifiers. The Company develops and commercializes optical fiber-based lasers used in a wide range of applications such as materials processing, telecommunications and medical applications. Get the most recent company news and stock data here >>
  • MetroPCS (NYSE:PCS): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $12 to $9. Kaufman Bros reiterated its rating of Buy for this company and changed its price target from $24 to $16 on Nov 2nd. The shares recently traded at $8.89, up $0.32, or 3.73% since the analyst’s rating. About the company: MetroPCS Communications, Inc. is a wireless communications provider in the United States. The Company offers unlimited wireless voice and data services to the mass market. Get the most recent company news and stock data here >>
  • American Tower (NYSE:AMT): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $64 to $68 on Nov 2nd. The shares recently traded at $58.33, up $1.63, or 2.87% since the analyst’s rating. About the company: American Tower Corporation owns, operates, and develops wireless communications and broadcast towers in the United States. The Company leases antennae sites on multi-tenant towers for a diverse range of wireless communications industries, including personal communications services, paging, and cellular. American Tower also offers a variety of network development services. 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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