Wednesday, May 11, 2011

Price Targets on (LOPE) (LMNX) (RAX) (SF) (SGY) Updated

Price targets on Grand Canyon Education Incorporated (NASDAQ: LOPE), Luminex (NASDAQ: LMNX), Rackspace Hosting, Inc. (NYSE: RAX), Stifel Financial Corp. (NYSE: SF) and Stone Energy (NYSE: SGY) updated by analysts.

UBS AG (NYSE:UBS) cut their price target on Grand Canyon Education Incorporated (LOPE) from $22.00 to $20.00. They have a “buy” rating on the company.

Jefferies (NYSE:JEF) raised their price target on Luminex (LMNX) from $16.00 to $17.00.

Credit Suisse (NYSE:CS) raised their price target on Rackspace Hosting, Inc. (RAX) from $42.00 to $50.00. They have an “outperform” rating on the company.

Bank of America (NYSE:BAC) cut their price target on Stifel Financial Corp. (SF) from $49.00 to $46.00.

Barclays Capital raised their price target on Stone Energy (SGY) from $38.00 to $42.00. They have an “equal weight” rating on the company.

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