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Monday, October 31, 2011

VMware (VMW) (VLY) (WEC) (ASTE) (AVID) (AVT) Price Targets Changed

VMware, Inc. (NYSE: VMW), Valley National Bancorp (NYSE: VLY), Wisconsin Energy (NYSE: WEC), Astec Industries, Inc. (NASDAQ: ASTE), Avid Technology, Inc. (NASDAQ: AVID) and Avnet, Inc. (NYSE: AVT) had price targets on them adjusted by analysts.

Valley National Bancorp (VLY) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) to $13.50. They have a “Neutral” rating on the company.

VMware, Inc. (VMW) had its price target raised by FBR Capital from $110.00 to $120.00. They have an “Outperform” rating on the company.

Wisconsin Energy (WEC) had its price target raised by Wunderlich from $31.00 to $33.00. They have a “Hold” rating on the company.

Astec Industries, Inc. (ASTE) had its price target lowered by Piper Jaffray (NYSE:PJC) from $48.00 to $44.00. They have an “Overweight” rating on the company.

Avid Technology, Inc. (AVID) had its price target lowered by Piper Jaffray from $19.00 to $9.00. They have a “Neutral” rating on the company.

Avnet, Inc. (AVT) had its price target raised by Brean Murray from $33.00 to $37.00. They have a “Buy” rating on the company.

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