Tuesday, May 3, 2011

Price Targets on (AWI) (BZ) (ADP) (CE) (CGNX) Updated

Price targets on Armstrong World Industries (NYSE: AWI), Boise Inc. (NYSE: BZ), Automatic Data Processing Incorporated (NYSE: ADP), Celanese Co. (NYSE: CE) and Cognex Co. (NASDAQ: CGNX) were updated today by analysts.

Citigroup (NYSE:C) raised their price target on Automatic Data Processing Incorporated (ADP) from $54.00 to $59.00. They have a “buy” rating on the company.

RBC Capital raised their price target on Armstrong World Industries (AWI) from $50.00 to $55.00. They have a “top pick” rating on the company.

Goldman Sachs (NYSE:GS) cut their price target on Boise Inc. (BZ) to $9.50. They have a “neutral” rating on the company.

Morgan Stanley (NYSE:MS) raised their price target on Celanese Co. (CE) to $55.00. They have an “overweight” rating on the company.

Needham & Company raised their price target on Cognex Co. (CGNX) from $35.00 to $42.00. They have a “buy” rating on the company.

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