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Wednesday, August 24, 2011

Semtech (SMTC) (LOGM) (ORCL) (RHT) (SFSF) Price Targets Changed

Semtech (NASDAQ: SMTC), LogMeIn Inc (NASDAQ: LOGM), Oracle (NASDAQ: ORCL), Red Hat (NYSE: RHT) and SuccessFactors, Inc. (NASDAQ: SFSF) had price targets adjusted by analysts.

Semtech (SMTC) had its price target lowered by Oppenheimer from $35.00 to $30.00. They have an “Outperform” rating on the company.

LogMeIn Inc. (LOGM) had its price target lowered by Stifel Nicolaus from $50.00 to $42.00. They have a “Buy” rating on the company.

Oracle (ORCL) had its price target lowered by Stifel Nicolaus from $38.00 to $34.00. They have a “Buy” rating on the company.

Red Hat (RHT) had its price target lowered by Stifel Nicolaus from $49.00 to $42.00. They have a “Buy” rating on the company.

SuccessFactors, Inc. (SFSF) had its price target lowered by Stifel Nicolaus from $38.00 to $31.00. They have a “Buy” rating on the company.

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