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Friday, October 28, 2011

Nabors (NBR) (ARRS) (NVLS) (OC) (AI) (AKAM) Price Targets Changed

Nabors Industries (NYSE: NBR), Arris Group, Inc. (NASDAQ: ARRS), Novellus Systems, Inc. (NASDAQ: NVLS), Owens Corning (NYSE: OC), Arlington Asset Investment (NYSE: AI) and Akamai Technologies (NASDAQ: AKAM) had price targets on them adjusted by analysts.

Nabors Industries (NBR) had its price target lowered by Barclays Capital from $34.00 to $23.00. They have an “Equal Weight” rating on the company.

Arris Group, Inc. (ARRS) had its price target lowered by Morgan Keegan to $13.25.

Novellus Systems, Inc. (NVLS) had its price target raised by UBS AG (NYSE:UBS) from $31.00 to $34.00. They have a “Neutral” rating on the company.

Owens Corning (OC) had its price target raised by Barclays Capital from $37.00 to $39.00. They have an “Overweight” rating on the company.

Arlington Asset Investment (AI) had its price target lowered by Wunderlich from $37.00 to $30.00. They have a “Buy” rating on the company.

Akamai Technologies (AKAM) had its price target raised by Credit Suisse (NYSE:CS) to $22.50. They have a “Neutral” rating on the company.

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