Wednesday, May 11, 2011

Price Targets on (ROSE) (LOPE) (LMNX) (PVA) (RAX) Updated

Price targets on Rosetta Resources Inc. (NASDAQ: ROSE), Grand Canyon Education Incorporated (NASDAQ: LOPE), Luminex (NASDAQ: LMNX), Penn Virginia (NYSE: PVA) and Rackspace Hosting, Inc. (NYSE: RAX) updated by analysts.

Credit Suisse (NYSE:CS) raised their price target on Rosetta Resources Inc. (ROSE) from $57.00 to $62.00. They have an “outperform” rating on the company.

Credit Suisse cut their price target on Grand Canyon Education Incorporated (LOPE) from $16.00 to $14.00.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Luminex (LMNX) from $17.00 to $18.00. They have a “neutral” rating on the company.

Barclays Capital cut their price target on Penn Virginia (PVA) from $21.00 to $18.00. They have an “equal weight” rating on the company.

JMP Securities raised their price target on Rackspace Hosting, Inc. (RAX) from $42.00 to $48.00. They have an “outperform” rating on the company.

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