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Tuesday, November 15, 2011

Marvell (MRVL) (HD) (MRX) (MSTR) (FTNT) (GCO) Ratings, Price Targets

Marvell Technology Group (MRVL), Home Depot (HD), Medicis Pharmaceutic (MRX), MicroStrategy Incorporated (MSTR), Fortinet, Inc. (FTNT) and Genesco Inc (GCO) ratings and price targets.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its “Overweight” rating on Marvell Technology Group (MRVL). They have a price target of $18.50 on the company.

Oppenheimer raised its price target on Home Depot (HD) to $47.00.

Sanford C. Bernstein downgraded Medicis Pharmaceutic (MRX) from an “Outperform” rating to a “Market Perform” rating.

JMP Securities initiated coverage on MicroStrategy Incorporated (MSTR). They placed an “Outperform” rating on the company.

Bank of America (NYSE:BAC) initiated coverage on Fortinet, Inc. (FTNT). They placed a “Buy” rating and a price target of $30.00 on the company.

Sterne Agee reiterated its “Buy” rating on Genesco Inc (GCO).

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