Wall Street Analysts Change Price Targets on These Stocks Today

As the U.S. financial markets teeter back and forth this afternoon, Wall St. Watchdog reveals information about companies for which stock analysts reiterated their ratings on September 28th:

  • Swift Energy (NYSE:SFY): Howard Weil reiterated its rating of Market Outperform for this company and changed its price target from $57 to $63. About the company: Swift Energy Company is an independent oil and gas company that explores, develops, acquires, and operates oil and gas properties. The Company focuses on United States onshore and inland water areas of the Texas and Louisiana Gulf Coast and in New Zealand on onshore areas of the Taranaki Basin.
  • Perrigo (NASDAQ:PRGO): Caris & Company reiterated its rating of Above Average for this company and changed its price target from $106 to $120. Collins Stewart reiterated its rating of Buy for this company and changed its price target from $100 to $117. About the company: Perrigo Company manufactures store brand over-the-counter pharmaceutical products and also manufactures store brand nutritional products. The Company’s customers include major national and regional retail drug, supermarket, and mass merchandise chains such as Albertson’s, CVS, and Target, and major wholesalers such as Super Valu and McKesson.
  • Newcastle Investment (NYSE:NCT): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $8 to $6.5. About the company: Newcastle Investment Corporation is a real estate investment trust that invests in real estate securities and other real estate-related assets. The Company seeks to finance these investments primarily using match-funded financing structures.
  • SMSC (NASDAQ:SMSC): Needham reiterated its rating of Buy for this company and changed its price target from $36 to $34. Wunderlich reiterated its rating of Buy for this company and changed its price target from $36 to $34. About the company: Standard Microsystems Corporation manufactures semiconductors. The Company produces controllers for embedded networking, ethernet controllers and transceivers, flash media card readers and drives, hub controllers, physical layers transceivers, controls for temperature, voltage, and fan speed, and components for automotive infotainment systems.
  • Yingli Green Energy (NYSE:YGE): Auriga reiterated its rating of Sell for this company and changed its price target from $3 to $2. About the company: Yingli Green Energy Holding Company Limited designs, manufactures and sells PV modules. The Company also designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis.
  • Trina Solar (NYSE:TSL): Auriga reiterated its rating of Buy for this company and changed its price target from $15 to $12. About the company: Trina Solar Limited manufactures solar-power products including photovoltaic wafers, ingots, cells and modules. The Company’s solar modules provide environmentally-friendly electric power for residential, commercial, industrial, and other applications worldwide.
  • MEMC Elec (NYSE:WFR): Auriga reiterated its rating of Buy for this company and changed its price target from $11 to $9. About the company: MEMC Electronic Materials, Inc. produces silicon wafers. The Company’s products are used in computers, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems, and analytical and defense systems. MEMC operates manufacturing facilities in Italy, Japan, Malaysia, South Korea, Taiwan, and the United States.
  • Sunpower (NASDAQ:SPWRA): Auriga reiterated its rating of Buy for this company and changed its price target from $15 to $12.5. About the company: SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.
  • First Solar (NASDAQ:FSLR): Auriga reiterated its rating of Buy for this company and changed its price target from $154 to $120. 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.
  • Whiting Petroleum (NYSE:WLL): Dahlman Rose reiterated its rating of Buy for this company and changed its price target from $73 to $50. About the company: Whiting Petroleum Corporation is involved in oil and natural gas exploitation, acquisition, and exploration activities. The Company focuses on lower risk, long-lived oil and natural gas properties located primarily in the Gulf Coast/Permian Basin, Rocky Mountains, Michigan, and Mid-Continent regions of the United States.
  • Am Superconductor (NASDAQ:AMSC): Ardour Capital reiterated its rating of Hold for this company and changed its price target from $6.5 to $4.5. About the company: American Superconductor Corporation is an energy technologies company that offers solutions based upon its programmable power electronic converters and high temperature superconductor (NYSE:HTS) wires. The Company serves the utility, industrial and wind power markets.
  • Laboratory Corp (NYSE:LH): Deutsche Bank reiterated its rating of Buy for this company and changed its price target from $107 to $95. About the company: Laboratory Corporation of America Holdings is a clinical laboratory organization. The Company offers a wide range of clinical laboratory tests which are used by the medical profession in routine testing, patient diagnosis, and in the monitoring and treatment of disease. Laboratory Corporation operates a network of laboratories and service sites which serve clients across the United States.
  • Quest Diagnostics (NYSE:DGX): Deutsche Bank reiterated its rating of Hold for this company and changed its price target from $61 to $54. About the company: Quest Diagnostics Incorporated provides diagnostic testing, information, and services. The Company operates a national network of full-service laboratories, rapid response laboratories, and patient service centers. Quest Diagnostics provides esoteric testing, routine medical testing, drugs of abuse testing, and non-hospital-based anatomicpathology testing.
  • DaVita (NYSE:DVA): Deutsche Bank reiterated its rating of Buy for this company and changed its price target from $102 to $92. About the company: DaVita, Inc. provides dialysis services in the United States for patients suffering from chronic kidney failure. The Company treats patients through a network of owned and managed dialysis facilities in the continental United States.
  • Alexion Pharma (NASDAQ:ALXN): Deutsche Bank reiterated its rating of Buy for this company and changed its price target from $53 to $78. About the company: Alexion Pharmaceuticals, Inc., a biopharmaceutical company, researches and develops proprietary immunoregulatory compounds for the treatment of autoimmune and cardiovascular diseases. The Company develops C5 complement inhibitors and Apogens which are two classes of potential therapeutic compounds designed to selectively target specific disease-causing segments of the immune system.

(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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