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Monday, September 26, 2011

Adobe (ADBE) (WLT) (ALKS) (TXN) (ASIA) (CAVM) Price Targets Changed

Adobe Systems (NASDAQ: ADBE), Walter Energy (NYSE: WLT), Alkermes Inc. (NASDAQ: ALKS), Texas Instruments (NYSE: TXN), AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) and Cavium Networks, Inc. (NASDAQ: CAVM) had their price targets adjusted by analysts.

Adobe Systems (ADBE) had its price target raised by Citigroup (NYSE:C) to $34.00.

Walter Energy (WLT) had its price target lowered by FBR Capital from $104.00 to $98.00. They have a “Market Perform” rating on the company.

Alkermes Inc. (ALKS) had its price target raised by Goldman Sachs (NYSE:GS) to $17.00.

Texas Instruments (TXN) had its price target raised by Caris & Company from $28.00 to $30.00. They upgraded the company to “Above Average.”

AsiaInfo-Linkage, Inc. (ASIA) had its price target lowered by BMO Capital Markets from $15.00 to $10.00. They have a “Market Perform” rating on the company.

Cavium Networks, Inc. (CAVM) had its price target lowered by Needham & Company from $47.00 to $43.00. They have a “Strong Buy” rating on the company.

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