Tuesday, September 6, 2011

Zumiez (ZUMZ) (ABMD) (UTIW) (ATRC) (WDR) (CIEN) Price Targets Changed

Zumiez (NASDAQ: ZUMZ), Abiomed (NASDAQ: ABMD), UTI Worldwide Inc. (NASDAQ: UTIW), AtriCure (NASDAQ: ATRC), Waddell & Reed Financial, Inc. (NYSE: WDR) and Ciena Corp. (NASDAQ: CIEN) price targets adjusted by analysts.

Zumiez (NASDAQ: ZUMZ) had its price target lowered by McAdams Wright Ragen from $30.00 to $22.00. They have a “Hold” rating on the company.

Abiomed (ABMD) had its price target lowered by Piper Jaffray (NYSE:PJC) to $15.00.

UTi Worldwide Inc. (UTIW) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $19.00.

AtriCure (ATRC) had its price target lowered by Piper Jaffray to $11.00.

Waddell & Reed Financial, Inc. (WDR) had its price target lowered by Stifel Nicolaus from $48.00 to $39.00. They have a “Buy” rating on the company.

Ciena Corp. (CIEN) had its price target raised by Citigroup (NYSE:C) to $18.00. They have a “Buy” rating on the company.

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