Thursday, September 22, 2011

Oracle (ORCL) (MPWR) (ADTN) (CTRP) (RLOC) Price Targets Changed

Oracle (NASDAQ: ORCL), Monolithic Power Systems Inc (NASDAQ: MPWR), ADTRAN, Inc. (NASDAQ: ADTN), Ctrip.com International, Ltd. (NASDAQ: CTRP) and ReachLocal Inc. (NASDAQ: RLOC) had their price targets adjusted by analysts.

Oracle (ORCL) had its price target raised by Goldman Sachs (NYSE:GS) to $35.00.

Monolithic Power Systems Inc. (MPWR) had its price target lowered by Piper Jaffray (NYSE:PJC) to $18.00.

ADTRAN, Inc. (ADTN) had its price target lowered by Kaufman Brothers from $50.00 to $45.00. They have a “Buy” rating on the company.

Ctrip.com International, Ltd. (CTRP) had its price target lowered by Piper Jaffray to $41.00.

ReachLocal Inc. (RLOC) had its price target lowered by Needham & Company from $25.00 to $20.00. They have a “Buy” rating on the company.

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