Wednesday, May 18, 2011

Price Targets on (NUAN) (ROVI) (SGMS) (SONC) (STEC) Updated

Price targets on shares of Nuance Communications Inc. (NASDAQ: NUAN), Rovi Corp (NASDAQ: ROVI), Scientific Games Corp (NASDAQ: SGMS), Sonic Co. (NASDAQ: SONC) and STEC Inc (NASDAQ: STEC) were updated by analysts.

Piper Jaffray (NYSE:PJC) raised their price target on Nuance Communications Inc. (NUAN) from $19.00 to $21.00. They have a “neutral” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Rovi Corp (ROVI) from $61.00 to $63.50. They have a “neutral” rating on the company.

Brean Murray cut their price target on Scientific Games Corp (SGMS) from $14.00 to $13.00. They have a “buy” rating on the company.

Morgan Keegan raised their price target on Sonic Co. (SONC) from $10.50 to $12.00. They have a “market perform” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) cut their price target on STEC Inc (STEC) from $26.00 to $23.00. They have a “neutral” rating on the company.

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