Price Targets on (PPL) (PTEN) (RA) (RAS) (SIMO) Updated by Analysts

PPL Co. (NYSE: PPL), Patterson-UTI (NASDAQ: PTEN), RailAmerica, Inc. (NYSE: RA), RAIT Financial Trust (NYSE: RAS) and Silicon Motion Technology Corp. (NASDAQ: SIMO) get price targets updated today by analysts.

Jefferies (NYSE:JEF) raised their price target on PPL Co. (PPL) from $30.00 to $32.00.

Dahlman Rose raised their price target on Patterson-UTI (PTEN) from $34.00 to $40.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on RailAmerica, Inc. (RA) to $16.00. They have a “hold” rating on the company.

FBR Capital raised their price target on RAIT Financial Trust (RAS) from $1.50 to $2.50. They have a “market perform” rating on the company.

Wedbush raised their price target on Silicon Motion Technology Corp. (SIMO) from $7.50 to $12.00. They have an “outperform” rating on the company.