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Thursday, November 3, 2011

Kraft (KFT) (PNW) (PRE) (PXD) (LAMR) Price Targets Changed

Kraft Foods Inc. (NYSE: KFT), Pinnacle West Capital Co. (NYSE: PNW), PartnerRe (NYSE: PRE), Pioneer Natural Resources (NYSE: PXD) and Lamar Advertising Company (NASDAQ: LAMR) had price targets on them adjusted by analysts.

Kraft Foods Inc. (KFT) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) to $39.00.

Pinnacle West Capital Co. (PNW) had its price target raised by Goldman Sachs (NYSE:GS) to $46.00.

PartnerRe (PRE) had its price target raised by RBC Capital from $69.00 to $73.00. They have an “Outperform” rating on the company.

Pioneer Natural Resources (NYSE: PXD) had its price target raised by analysts at FBR Capital from $110.00 to $115.00. The analysts now have an “outperform” rating on the company.

Lamar Advertising Company (NASDAQ: LAMR) had its price target lowered by analysts at Benchmark Co. from $24.00 to $18.00. The analysts now have a “hold” rating on the company.

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