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Friday, September 23, 2011

Red Hat (RHT) (AYI) (SMSC) (BBBY) (PACB) (CBG) Price Targets Changed

Red Hat (NYSE: RHT), Acuity Brands Inc (NYSE: AYI), Standard Microsystems Co. (NASDAQ: SMSC), Bed Bath & Beyond Inc. (NASDAQ: BBBY), Pacific Biosciences of California (NASDAQ: PACB) and CB Richard Ellis (NYSE: CBG) had their price targets adjusted by analysts.

Red Hat (RHT) had its price target raised by Citigroup (NYSE:C) to $48.00. They have a “Buy” rating on the company.

Acuity Brands Inc (AYI) had its price target lowered by Wedbush from $44.00 to $30.00. They have a “Neutral” rating on the company.

Standard Microsystems Co. (SMSC) had its price target lowered by Morgan Keegan to $32.00.

Bed Bath & Beyond Inc. (BBBY) had its price target raised by Citigroup to $69.00.

Pacific Biosciences of California (PACB) had its price target lowered by Oppenheimer to $4.00.

CB Richard Ellis (CBG) had its price target lowered by JMP Securities from $27.00 to $21.00. They have an “Outperform” rating on the company.

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