Thursday, September 15, 2011

Riverbed (RVBD) (BAC) (SEIC) (BAS) (RRGB) (BBY) Price Targets Changed

Riverbed Technology, Inc. (NASDAQ: RVBD), Bank of America (NYSE: BAC), SEI Investments Company (NASDAQ: SEIC), Basic Energy Services (NYSE: BAS), Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) and Best Buy Co., Inc. (NYSE: BBY) had their price targets adjusted by analysts.

Riverbed Technology, Inc. (RVBD) had its price target lowered by FBR Capital from $43.00 to $37.00. They have an “Outperform” rating on the company.

Bank of America (BAC) had its price target lowered by FBR Capital from $12.00 to $8.00. They have a “Market Perform” rating on the company.

SEI Investments Company (SEIC) had its price target lowered by Stifel Nicolaus to $21.00.

Basic Energy Services (BAS) had its price target lowered by Morgan Keegan to $41.00.

Red Robin Gourmet Burgers Inc. (RRGB) had its price target lowered by Piper Jaffray (NYSE:PJC) to $28.00.

Best Buy Co., Inc. (BBY) had its price target lowered by Goldman Sachs (NYSE:GS) to $27.00. They have a “Buy” rating on the company.

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