Tuesday, May 17, 2011

Price Targets on (VIT) (LONG) (LOW) (MUR) (NEE) Updated

Price targets on shares of VanceInfo Technologies Inc. (NYSE: VIT), eLong, Inc. (NASDAQ: LONG), Lowe’s (NYSE: LOW), Lowe’s (NYSE: LOW), Murphy Oil Corp (NYSE: MUR) and NextEra Energy, Inc. (NYSE: NEE) were updated by analysts.

Kaufman Brothers cut their price target on VanceInfo Technologies Inc. (VIT) from $37.00 to $34.00. They have a “hold” rating on the company.

BMC Equities Research raised their price target on eLong, Inc. (LONG) from $17.00 to $20.00.

Piper Jaffray (NYSE:PJC) cut their price target on Lowe’s (LOW) from $28.00 to $27.00. They have a “neutral” rating on the company.

Morgan Stanley (NYSE:MS) cut their price target on Murphy Oil Corp (MUR) to $90.00. They have an “overweight” rating on the company.

Wunderlich raised their price target on NextEra Energy, Inc. (NEE) from $60.00 to $64.00. They have a “buy” rating on the company.

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