New Technology Share Price Targets Mid-December

Stock analysts reiterated ratings in the Technology sector for the week ending December 16th, 2011 for the following companies:

Liquidity Services (NASDAQ:LQDT): Oppenheimer reiterated its rating of Outperform for this company and changed its price target from $38 to $43 on Dec 13th. The shares recently traded at $36.94, up $0.65, or 1.79% 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 >>

Microsoft (NASDAQ:MSFT): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $34 to $31 on Dec 13th. The shares recently traded at $25.53, down $0.23, or 0.89% since the analyst’s rating. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices. Get the most recent company news and stock data here >>

Ariba (NASDAQ:ARBA): Longbow reiterated its rating of Buy for this company and changed its price target from $36 to $40 on Dec 14th. The shares recently traded at $31.12, down $1.62, or 4.95% since the analyst’s rating. About the company: Ariba Inc. provides on-demand spend management solutions. The Company offers software, service, and network solutions that enable them to source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Get the most recent company news and stock data here >>

First Solar (NASDAQ:FSLR): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $56 to $36. Mizuho reiterated its rating of Buy for this company and changed its price target from $70 to $42 on Dec 15th. The shares recently traded at $30.50, down $0.95, or 3.02% since the analyst’s rating. About the company: First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules. Get the most recent company news and stock data here >>

Broadcom (NASDAQ:BRCM): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $40 to $38 on Dec 15th. The shares recently traded at $27.74, down $0.42, or 1.49% since the analyst’s rating. About the company: Broadcom Corporation provides integrated silicon solutions that enable broadband digital data transmission of voice, data, and video content to the home and within the business enterprise. The Company designs, develops, and supplies integrated circuits for cable set-top boxes, cable modems, high-speed networking, direct satellite and digital broadcast, and digital subscriber line. 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 $40 to $51.75 on Dec 15th. The shares recently traded at $38.88, down $1.49, or 3.69% 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 >>

SINA (NASDAQ:SINA): Maxim Group reiterated its rating of Sell for this company and changed its price target from $75 to $42 on Dec 16th. The shares recently traded at $52.81, down $2.24, or 4.07% 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 >>

American Tower (NYSE:AMT): Collins Stewart reiterated its rating of Buy for this company and changed its price target from $65 to $70 on Dec 16th. The shares recently traded at $57.18, down $1.96, or 3.31% 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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