Stock Analysts Reiterate Coverage of Texas Instruments, Best Buy and These 10 Companies

Wall St. Watchdog reveals information about companies for which stock analysts reiterated their coverage on September 9th.

  • Las Vegas Sands (NYSE:LVS): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $58 to $60.  About the company: Las Vegas Sands Corp. owns and operates casino resorts and convention centers. The Company operates in United States, Macau and Singapore. Las Vegas Sand Corp’s casino’s offer a wide range of gaming activities and entertainment as well as overnight accomodations, while its expo centers host a wide range of entertainment shows, expositions, and other activities.
  • Ulta Salon (NASDAQ:ULTA): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $60 to $65.  About the company: Ulta Salon, Cosmetics & Fragrance, Inc. sells cosmetics, fragrances, skin and hair care products, appliances, and accessories. The Company also offers hair salon services, manicures, pedicures, massages, and other beauty & spa treatments.
  • Gardner Denver (NYSE:GDI): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $107 to $97.  About the company: Gardner Denver Inc. manufactures stationary air compressors and blowers for industrial applications. The Company’s products are used in manufacturing, process applications, and materials handling, as well as in power tools and equipment. Gardner Denver sells its products around the world.
  • Best Buy (NYSE:BBY): RBC Capital Mkts reiterated its rating of Top Pick for this company and changed its price target from $38 to $32.  About the company: Best Buy Co., Inc. retails consumer electronics, home office products, entertainment software, appliances and related services through its retail stores, as well as its web site. The Company also retails pre-recorded home entertainment products through retail stores.
  • Patriot Coal (NYSE:PCX): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $25 to $23.  About the company: Patriot Coal Corporation is a coal mining company. The Company operates in Central and Northern Appalachia and the Illinois Basin.
  • CONSOL Energy (NYSE:CNX): FBR Capital reiterated its rating of Outperform and changed its price target from $66 to $64.  About the company: CONSOL Energy Inc. produces high-BTU bituminous coal, and also coalbed methane gas. The Company primarily produces pipeline-quality coalbed methane gas from coal properties in the Northern and the Central Appalachian basin, other western basins, and oil and gas from properties in the Appalachian and Illinois Basins.
  • Cliffs Natural Resources (NYSE:CLF): FBR Capital reiterated its rating of Outperform and changed its price target from $134 to $122.  About the company: Cliffs Natural Resources Inc. is a diversified mining and natural resources company. The Company mines for iron ore and coal in locations across North America, South America, and Australia.
  • Alpha Natural Resources (NYSE:ANR): FBR Capital reiterated its rating of Outperform and changed its price target from $53 to $45.  About the company: Alpha Natural Resources, Inc. extracts, processes, and markets steam and metallurgical coal. The Company conducts operations from surface and underground mines located in the northern and central Appalachian regions and Colorado, all located in the United States. Alpha Natural Resources markets its coal to electric utilities, steel and other industrial producers.
  • Arch Coal (NYSE:ACI): FBR Capital reiterated its rating of Outperform and changed its price target from $37 to $32.  About the company: Arch Coal, Inc. mines, processes, and markets low sulfur coal from surface, underground, and auger mines located in the western United States and in the central Appalachian region. The Company markets its coal primarily to electric utilities.
  • Concur Tech (NASDAQ:CNQR): Needham reiterated its rating of Buy for this company and changed its price target from $62 to $48.  About the company: Concur Technologies, Inc. provides workplace eCommerce software and services that extend automation to employees, partners, vendors, and service providers. The Company’s Concur eWorkplace product integrates its suite of workplace eCommerce solutions and provides a portal through which employees can access eCommerce information and services.
  • Corning (NYSE:GLW): Sterne Agee reiterated its rating of Buy and changed its price target from $26 to $24.  About the company: Corning Incorporated is a global, technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass and projection video lens assemblies for the information display industry.
  • Mohawk (NYSE:MHK): Ticonderoga reiterated its rating of Buy and changed its price target from $77 to $70.  About the company: Mohawk Industries, Inc. designs, manufactures, and markets woven and tufted broadloom carpets and rugs for residential and commercial applications. The Company markets its products under brand names such as Mohawk, Aladdin, Alexander Smith, Bigelow, and Galaxy. Mohawk also offers bath rugs, area rugs, decorative throws, and a laminate product line, among other products.
  • Texas Instruments (NYSE:TXN): FBR Capital reiterated its rating of Mkt Perform and changed its price target from $36 to $32.  About the company: Texas Instruments Incorporated is a global semiconductor company that designs and supplies analog technologies, digital signal processing and microcontroller semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses. Texas Instruments has manufacturing or sales operations in countries around the world.

(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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