Salix (SLXP) (AN) (SIMO) (ALTR) (SNDK) (ACTG) Price Targets Changed

Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP), Autonation Inc. (NYSE: AN), Silicon Motion Technology Corp. (NASDAQ: SIMO), Altera (NASDAQ: ALTR), SanDisk Co. (NASDAQ: SNDK) and Acacia Research Co. (NASDAQ: ACTG) had price targets on them adjusted by analysts.

Salix Pharmaceuticals, Ltd. (SLXP) had its price target lowered by JMP Securities from $48.00 to $40.00. They have an “Outperform” rating on the company.

Autonation Inc. (AN) had its price target raised by Goldman Sachs (NYSE:GS) to $34.00. They have a “Sell” rating on the company.

Silicon Motion Technology Corp. (SIMO) had its price target raised by Lazard Capital to $18.00. They have a “Buy” rating on the company.

Altera (ALTR) had its price target raised by analysts at Citigroup (NYSE:C) to $40.00.

SanDisk Co. (SNDK) had its price target raised by Sterne Agee to $66.00.

Acacia Research Co. (ACTG) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) to $50.00.