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Thursday, November 17, 2011

Salix (SLXP) (ROVI) (SARA) (SBH) (SF) (SIMO) Ratings, Price Targets

Salix Pharmaceuticals, Ltd. (SLXP), Rovi Corp. (ROVI), Saratoga Resources, Inc. (SARA), Sally Beauty Holdings Inc. (SBH), Stifel Financial Corp. (SF) and Silicon Motion Technology Corp. (SIMO) ratings and price targets.

Piper Jaffray (NYSE:PJC) reiterated its “Overweight” on Salix Pharmaceuticals, Ltd. (SLXP). They have a price target of $51.00 on the company.

JMP Securities initiated coverage on shares of Rovi Corp. (ROVI). The firm set an “outperform” rating on the company.

Rodman & Renshaw initiated coverage on shares of Saratoga Resources, Inc. (SARA). The firm set an “outperform” rating and a $9.00 price target on the company.

RBC Capital raised its price target on shares of Sally Beauty Holdings Inc. (SBH) from $19.00 to $22.00. The firm has a “sector perform” rating on the company.

Raymond James initiated coverage on shares of Stifel Financial Corp. (SF). The firm set an “outperform” rating on the company.

Needham & Company raised its price target on shares of Silicon Motion Technology Corp. (SIMO) from $22.00 to $25.00. The firm has a “buy” rating on the company.

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