Wednesday, May 18, 2011

Price Targets on (CSCO) (FEIC) (FTEK) (GSM) (HII) Updated

Price targets on shares of Cisco Systems, Inc. (NASDAQ: CSCO), FEI (NASDAQ: FEIC), Fuel Tech Inc. (NASDAQ: FTEK), Globe Specialty Metals, Inc. (NYSE: GSM) and Huntington Ingalls (NYSE: HII) updated by analysts.

Oppenheimer cut their price target on Cisco Systems, Inc. (CSCO) from $24.00 to $22.00. They have an “outperform” rating on the company.

Stifel Nicolaus raised their price target on FEI (FEIC) from $37.00 to $44.00. They have a “buy” rating on the company.

BMC Equities Research raised their price target on Fuel Tech Inc. (FTEK) from $10.00 to $11.00. They have a “buy” rating on the company.

Jefferies (NYSE:JEF) raised their price target on Globe Specialty Metals, Inc. (GSM) from $25.00 to $26.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) cut their price target on Huntington Ingalls (HII) from $40.00 to $39.00. They have a “hold” rating on the company.

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