Tuesday, October 18, 2011

Anadarko (APC) (WBS) (AEP) (ALTR) (BMRN) (CREE) Price Targets Changed

Anadarko Petroleum (NYSE: APC), Webster Financial Corp (NYSE: WBS), American Electric Power (NYSE: AEP), Altera (NASDAQ: ALTR), Biomarin Pharm (NASDAQ: BMRN) and Cree, Inc. (NASDAQ: CREE) had price targets on them adjusted by analysts.

Anadarko Petroleum (APC) had its price target raised by Citigroup (NYSE:C) to $120.00.

Webster Financial Corp. (WBS) had its price target raised by Jefferies (NYSE:JEF) to $21.00.

American Electric Power (AEP) had its price target raised by Jefferies to $39.00.

Altera (ALTR) had its price target lowered by Barclays Capital from $46.00 to $42.00. They have an “Overweight” rating on the company.

Biomarin Pharma (BMRN) had its price target raised by Jefferies to $38.00.

Cree, Inc. (CREE) had its price target lowered by Sterne Agee to $55.00.

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