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Friday, April 29, 2011

Open Text (OTEX) (NSC) (NVLS) (ODFL) (PFCB) Price Targets Adjusted

Price targets on Open Text (NASDAQ: OTEX), Norfolk Southern Corp. (NYSE: NSC), Novellus Systems, Inc. (NASDAQ: NVLS), Old Dominion (NASDAQ: ODFL) and P.F. Chang’s China Bistro (NASDAQ: PFCB) adjusted by analysts.

Stifel Nicolaus raised their price target on Norfolk Southern Corp. (NSC) from $78.00 to $83.00. They have a “buy” rating on the company.

Needham & Company cut their price target on Novellus Systems, Inc. (NVLS) from $45.00 to $41.00. They have a “buy” rating on the company.

Longbow Research raised their price target on Old Dominion (ODFL) from $38.00 to $46.00. They have a “buy” rating on the company.

Wunderlich raised their price target on Open Text (OTEX) from $60.00 to $70.00. They have a “buy” rating on the company.

RBC Capital cut their price target on P.F. Chang’s China Bistro (PFCB) from $55.00 to $52.00. They have an “outperform” rating on the company.

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