Taleo (TLEO) (AKAM) (MSFT) (AMAT) (RCII) (ARUN) Price Targets Changed

Taleo Corp. (NASDAQ: TLEO), Akamai Technologies (NASDAQ: AKAM), Microsoft Corp (NASDAQ: MSFT), Applied Materials, Inc. (NASDAQ: AMAT), Rent-A-Center, Inc (NASDAQ: RCII) and Aruba Networks, Inc. (NASDAQ: ARUN) had price targets adjusted by analysts.

Taleo Corp. (TLEO) had its price target lowered by Stifel Nicolaus from $42.00 to $35.00. They have a “Buy” rating on the company.

Akamai Technologies (AKAM) had its price target lowered by Stifel Nicolaus from $36.00 to $32.00. They have a “Buy” rating on the company.

Microsoft Corp. (MSFT) had its price target lowered by Stifel Nicolaus from $37.00 to $32.00. They have a “Buy” rating on the company.

Applied Materials, Inc. (AMAT) had its price target lowered by RBC Capital from $14.00 to $12.00. They have a “Sector Perform” rating on the company.

Rent-A-Center, Inc. (RCII) had its price target lowered by Northland Securities from $37.00 to $31.00. They have an “Outperform” rating on the company.

Aruba Networks, Inc. (ARUN) had its price target lowered by RBC Capital from $36.00 to $25.00. They have an “Outperform” rating on the company.