Monday, October 10, 2011

JC Penney (JCP) (HIG) (ILMN) (MTG) (IPGP) (MAS) (MTD) Price Targets Changed

J.C. Penney Company, Inc. (NYSE: JCP), Hartford Financial (NYSE: HIG), Illumina, Inc. (NASDAQ: ILMN), MGIC Investment (NYSE: MTG), IPG Photonics Co. (NASDAQ: IPGP), Masco Co. (NYSE: MAS) and Mettler-Toledo International Inc. (NYSE: MTD) had their price targets adjusted by analysts.

J.C. Penney Company, Inc. (JCP) had its price target lowered by Piper Jaffray (NYSE:PJC) to $29.00. They have a “Neutral” rating on the company.

Hartford Financial (HIG) had its price target lowered by FBR Capital from $30.00 to $25.00. They have an “Outperform” rating on the company.

Illumina, Inc. (ILMN) had its price target lowered by Citigroup (NYSE:C) to $32.00.

MGIC Investment (MTG) had its price target lowered by Piper Jaffray to $7.00.

IPG Photonics Co. (IPGP) had its price target lowered by Bank of America (NYSE:BAC) to $72.50.

Masco Co. (MAS) had its price target lowered by Credit Suisse (NYSE:CS) to $7.00. They have a “Neutral” rating on the company.

Mettler-Toledo International Inc. (MTD) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $166.00.

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