Price Targets on (SMTC) (SNDK) (XUE) (NTGR) (MRK) (SBNY) Updated

Price targets on NetGear Inc (NASDAQ: NTGR), Semtech (NASDAQ: SMTC), SanDisk Co. (NASDAQ: SNDK), Xueda Education (NYSE: XUE), Merck & Co Inc (NYSE: MRK) and Signature Bank (NASDAQ: SBNY) were updated by analysts.

Bank of America (NYSE:BAC) raised their price target on NetGear Inc (NTGR) from $44.00 to $50.00.

Bank of America raised their price target on Merck & Co Inc (MRK) to $41.00. They have a “buy” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Signature Bank (SBNY). They have an “overweight” rating on the company.

Morgan Keegan raised their price target on Semtech (SMTC) from $27.00 to $31.50. They have an “outperform” rating on the stock.

Morgan Stanley (NYSE:MS) raised their price target on SanDisk Co. (SNDK) from $65.00 to $70.00. They have an “overweight” rating on the company.

Goldman Sachs (NYSE:GS) raised their price target on Xueda Education (XUE) from $12.00 to $13.00. They have a “buy” rating on the company.