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Wednesday, August 31, 2011

Novellus (NVLS) (GEDU) (IGTE) (IVR) Price Targets Changed

Novellus Systems, Inc. (NASDAQ: NVLS), Global Education (NASDAQ: GEDU), iGATE Co. (NASDAQ: IGTE) and Invesco Mortgage Capital Inc (NYSE: IVR) price targets adjusted by analysts.

Novellus Systems, Inc. (NVLS) had its price target lowered by RBC Capital from $37.00 to $34.00. They have an “Outperform” rating on the company.

Global Education (GEDU) had its price target lowered by Piper Jaffray (NYSE:PJC) to $5.00.

iGATE Co. (IGTE) had its price target lowered by Kaufman Brothers from $23.00 to $18.00. They have a “Buy” rating on the company.

Invesco Mortgage Capital Inc. (IVR) had its price target lowered by FBR Capital from $24.00 to $20.00. They have an “Outperform” rating on the company.

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