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Tuesday, August 30, 2011

Adobe (ADBE) (UTI) (AKS) (TTEC) (BIG) (CVG) Price Targets Changed

Adobe Systems (NASDAQ: ADBE), Universal Technical Institute (NYSE: UTI), AK Steel Holding Co. (NYSE: AKS), TeleTech Holdings, Inc. (NASDAQ: TTEC), Big Lots, Inc. (NYSE: BIG) and Convergys Co. (NYSE: CVG) had price targets changed by analysts.

Adobe Systems (ADBE) had its price target lowered by UBS AG (NYSE:UBS) to $33.00. They have a “Buy” rating on the company.

Universal Technical Institute (NYSE: UTI) had its price target lowered

by Argus from $24.00 to $20.00. They have a “Buy” rating on the company.

AK Steel Holding Co. (AKS) had its price target lowered by Bank of America (NYSE:BAC) to $9.50. They have an “Underperform” rating on the company.

TeleTech Holdings, Inc. (TTEC) had its price target lowered by Oppenheimer from $23.00 to $22.00. They have an “Outperform” rating on the company.

Big Lots, Inc. (BIG) had its price target raised by MKM Partners from $34.00 to $36.00. They have a “Buy” rating on the company.

Convergys Co. (CVG) had its price target lowered by Oppenheimer from $16.00 to $14.00. They have an “Outperform” rating on the company.

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