Friday, November 11, 2011

Macy’s (M) (PAAS) (GM) (CBI) (ADBE) Ratings, Price Targets

Macy’s (NYSE: M), Pan American Silver Corp. (NASDAQ: PAAS), General Motors (NYSE: GM), Chicago Bridge & Iron Company (NYSE: CBI) and Adobe Systems (NASDAQ: ADBE) had ratings and price targets on them reiterated or adjusted by analysts.

Macy’s (M) had its price target raised by Goldman Sachs (NYSE:GS) to $32.00.

Pan American Silver Corp. (PAAS) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating.

General Motors (GM) had its price target lowered by RBC Capital to $36.00.

Chicago Bridge & Iron Company (CBI) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) to $50.00.

Goldman Sachs (NYSE:GS) reiterated its "Sell" rating on Adobe Systems (ADBE). They have a price target of $24.00 on the company.

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