Stock Analysts Altered Price Targets On These Stocks Today

Following is information from stock analysts who have reiterated their ratings for certain companies:

  • American Express (NYSE:AXP): Barclays Capital reiterated its rating of Overweight for this company, and changed its price target from $55 to $60.  About the company: American Express Company is a global payment and travel company. The Company’s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world. Competitors to Watch:Discover Financial Services (NYSE:DFS), Mastercard Incorporated (NYSE:MA), Capital One Financial Corp. (NYSE:COF), Visa, Inc. (NYSE:V), and Citigroup Inc. (NYSE:C).
  • News Corp (NASDAQ:NWSA): Wedbush reiterated its rating of Outperform for this company, and changed its price target from $21 to $20.  About the company: News Corporation is a diversified global media company. The Company’s operations include the production and distribution of motion pictures and television programming. The Company provides television, direct satellite, and cable broadcasting and the publication of newspapers, magazines, books and promotional inserts. Competitors to Watch: News Corporation (NASDAQ:NWS), The Walt Disney Company (NYSE:DIS), Time Warner Inc. (NYSE:TWX), The New York Times Company (NYSE:NYT), Gannett Co., Inc. (NYSE:GCI), CBS Corporation (NYSE:CBS), The E.W. Scripps Company (NYSE:SSP), Journal Communications, Inc. (NYSE:JRN), and Pearson PLC (NYSE:PSO).
  • Watson Pharm (NYSE:WPI): Argus reiterated its rating of Buy for this company, and changed its price target from $68 to $78.  About the company: Watson Pharmaceuticals, Inc. develops, manufactures, and sells generic and brand name pharmaceutical products. The Company’s core focus is specialty products, nephrology, urology, and generic products.
  • Gen-Probe (NASDAQ:GPRO): Canaccord Genuity reiterated its rating of Hold for this company, and changed its price target from $88 to $75.   About the company: Gen-Probe Incorporated develops, manufactures, and commercializes diagnostic products based on its genetic probe technologies. The company’s products are used for the clinical diagnosis of human diseases and for screening donated human blood. Clinical diagnostic products are marketed to laboratories and public health institutions in the United States and Canada.
  • Microchip (NASDAQ:MCHP): Stifel Nicolaus reiterated its rating of Buy for this company, and changed its price target from $50 to $45.  About the company: Microchip Technology Incorporated designs, manufactures, and markets microcontrollers, related mixed-signal and memory products, and application development systems for high-volume embedded control applications. The Company also designs, develops, and markets linear/mixed-signal, power management, and thermal management products. Competitors to Watch: Texas Instruments Inc. (NYSE:TXN), Analog Devices, Inc. (NYSE:ADI), ON Semiconductor Corp. (NASDAQ:ONNN), Atmel Corporation (NASDAQ:ATML), Linear Technology Corp. (NASDAQ:LLTC), IXYS Corporation (NASDAQ:IXYS), Semtech Corporation (NASDAQ:SMTC), STMicroelectronics N.V. (NYSE:STM), Maxim Integrated Products Inc. (NASDAQ:MXIM), and Intel Corporation (NASDAQ:INTC)
  • Radiant Systems (NASDAQ:RADS): Northland Securities reiterated its rating of Outperform for this company and changed its price target from $24 to $28.  About the company:  Radiant Systems, Inc. provides enterprise-wide technology solutions to the retail industry. The Company offers fully integrated retail automation solutions, including point of sale systems, consumer-activated ordering systems, back office management systems, and headquarters-based management systems. Radiant also offers system planning and design services.
  • F5 Networks (NASDAQ:FFIV): Wunderlich reiterated its rating of Hold and changed its price target from $115 to $120.  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. Competitors to Watch: Cisco Systems, Inc. (NASDAQ:CSCO), Blue Coat Systems (NASDAQ:BCSI), Radware (NASDAQ:RDWR), Riverbed Technology (RVDB), Procera (AMEX:PKT), Dialogic (NASDAQ:DLGC), NetScout Systems (NASDAQ:NTCT), Brocade (NASDAQ:BRCD), Hewlett-Packard (NYSE:HPQ), Citrix Systems, Inc. (NASDAQ:CTXS), and Juniper Networks, Inc. (NYSE:JNPR).
  • Riverbed Technology (NASDAQ:RVBD): Wunderlich reiterated its rating of Hold for this company and changed its price target from $39 to $42  About the company: Riverbed Technology, Inc. manufactures and markets appliances used to connect computers in wide area networks.
  • Allot Comms (NASDAQ:ALLT): Wunderlich reiterated its rating of Buy for this company and changed its price target from $19 to $21  About the company: Allot Communications Ltd. designs and develops broadband service optimization solutions using advanced deep packet inspection 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.
  • Novellus (NASDAQ:NVLS): Needham reiterated its rating of Buy for this company and changed its price target from $41 to $38.  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. Competitors to Watch: Mattson Technology, Inc. (NASDAQ:MTSN), Amtech Systems, Inc. (NASDAQ:ASYS), Applied Materials, Inc. (NASDAQ:AMAT), Axcelis Technologies, Inc. (NASDAQ:ACLS), CVD Equipment Corporation (NASDAQ:CVV), Tegal Corporation (NASDAQ:TGAL), ASM Intl. N.V. (NASDAQ:ASMI), Varian Semiconductor (NASDAQ:VSEA), Lam Research Corporation (NASDAQ:LRCX), and FSI International, Inc. (NASDAQ:FSII).
  • Oasis Petroleum (NYSE:OAS): Wunderlich reiterated its rating of Buy for this company and changed its price target from $39 to $44  About the company: Oasis Petroleum Inc., is an independant exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources.
  • Franklin Resources (NYSE:BEN): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $145 to $150.  About the company: Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional/separate accounts and high net worth investors. The Company manages various asset classes including domestic, international/global and emerging markets equity, domestic, international and municipal fixed income, money funds, alternative investments, and hedge funds. Competitors to Watch: Federated Investors, Inc. (NYSE:FII), Cohen & Steers, Inc. (NYSE:CNS), Calamos Asset Management, Inc (NASDAQ:CLMS), U.S. Global Investors, Inc. (NASDAQ:GROW), Waddell & Reed Financial, Inc. (NYSE:WDR), T. Rowe Price Group, Inc. (NASDAQ:TROW), UBS (NYSE:UBS), Wells Fargo (NYSE:WFC), Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan (NYSE:JPM), Janus Capital Group Inc. (NYSE:JNS), Virtus Investment Partners, Inc. (NASDAQ:VRTS), BlackRock, Inc. (NYSE:BLK), and Ameriprise Financial, Inc. (NYSE:AMP).

(Note: Data on stock ratings is sourced from here.  All data are assumed to be accurate.)

Get Actionable Investing Insights: Check Out Wall St. Cheat Sheet’s newest Feature Trades of the Month!