Monday, May 9, 2011

Price Targets on (WTR) (MHK) (PGN) (OXY) Updated

Analysts updated their price targets on Aqua America (NYSE: WTR), Mohawk Industries, Inc. (NYSE: MHK), Progress Energy (NYSE: PGN), Markel Co. (NYSE: MKL) and Occidental Petroleum Co. (NYSE: OXY) today.

Bank of America (NYSE:BAC) raised their price target on Aqua America (WTR) from $26.00 to $29.00. They have a “buy” rating on the company.

RBC Capital raised their price target on Mohawk Industries, Inc. (MHK) from $62.00 to $74.00. They have a “sector perform” rating on the company.

Jefferies (NYSE:JEF) raised their price target on Progress Energy (PGN) from $48.00 to $49.00.

BGB Securities raised their price target on Markel Co. (MKL) to $410.00.

Argus raised their price target on Occidental Petroleum Co. (OXY) from $110.00 to $121.00. They have a “buy” rating on the company.

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