Monday, August 8, 2011

TECO (TE) (RBCN) (AVB) (CLP) (HGG) (KFT) Price Targets Changed

TECO Energy, Inc. (NYSE: TE), Rubicon Technology, Inc. (NASDAQ: RBCN), AvalonBay Communities, Inc. (NYSE: AVB), Colonial Properties (NYSE: CLP), HHGregg (NYSE: HGG) and Kraft Foods (NASDAQ: KFT) price targets adjusted by analysts.

TECO Energy, Inc. (TE) had its price target lowered by UBS AG (NYSE:UBS) to $19.00. They have a “Buy” rating on the company. They cited valuation as the catalyst behind the call.

Rubicon Technology, Inc. (RBCN) had its price target lowered by UBS AG from $28.00 to $15.00. They have a “Buy” rating on the company.

AvalonBay Communities, Inc. (NYSE: AVB) had its price target raised by analysts at FBR Capital from $142.00 to $146.50. The analysts now have an “outperform” rating on the company.

Colonial Properties (NYSE: CLP) had its price target raised by analysts at FBR Capital from $23.00 to $24.50. The analysts now have an “outperform” rating on the company.

HHGregg (NYSE: HGG) had its price target lowered by analysts at UBS AG from $15.00 to $12.00. The analysts now have a “neutral” rating on the company.

Kraft Foods (NASDAQ: KFT) had its price target raised by analysts at Stifel Nicolaus from $37.00 to $39.00. The analysts now have a “buy” rating on the company.

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