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Friday, September 30, 2011

Fossil (FOSL) (GM) (ITMN) (ITRI) (KMT) (LECO) (LXK) Price Targets Changed

Fossil (NASDAQ: FOSL), General Motors (NYSE: GM), InterMune, Inc. (NASDAQ: ITMN), Itron, Inc. (NASDAQ: ITRI), Kennametal Inc. (NYSE: KMT), Lincoln Electric Holdings Inc (NASDAQ: LECO) and Lexmark International, Inc. (NYSE: LXK) had their price targets adjusted by analysts.

Fossil (FOSL) had its price target lowered by Piper Jaffray (NYSE:PJC) to $105.00.

General Motors (GM) had its price target lowered by Jefferies (NYSE:JEF) to $24.00.

InterMune, Inc. (ITMN) had its price target raised by Morgan Stanley (NYSE:MS) to $28.00.

Itron, Inc. (ITRI) had its price target lowered by Wunderlich from $38.00 to $22.00. They have a “Sell” rating on the company.

Kennametal Inc. (KMT) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $45.00.

Lincoln Electric Holdings Inc. (LECO) had its price target lowered by Longbow Research from $48.00 to $40.00. They have a “Buy” rating on the company.

Lexmark International, Inc. (LXK) had its price target lowered by Citigroup (NYSE:C) to $30.00.

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