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Wednesday, November 16, 2011

Starbucks (SBUX) (BMY) (SDT) (BRCD) (SHAW) (BMS) Price Targets Changed

Starbucks (NASDAQ: SBUX), Bristol Myers Squibb Co. (NYSE: BMY), SandRidge Mississippian Trust I (NYSE: SDT), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Shaw Group (NASDAQ: SHAW) and Bemis (NYSE: BMS) had price targets on them adjusted by analysts.

Starbucks (SBUX) had its price target raised by Morgan Stanley (NYSE:MS) to $46.00. They have an “Overweight” rating on the company.

Bristol Myers Squibb Co. (BMY) had its price target raised by UBS AG (NYSE:UBS) to $32.00. They have a “Neutral” rating on the company.

SandRidge Mississippian Trust I (SDT) had its price target raised by RBC Capital from $31.00 to $33.00. They have an “Outperform” rating on the company.

Brocade Communications Systems, Inc. (BRCD) had its price target raised by BMO Capital Markets to $5.00. They have a “Market Perform” rating on the company.

Shaw Group (SHAW) had its price target lowered by Goldman Sachs (NYSE:GS) to $24.00. They have a “Neutral” rating on the company.

Bemis (BMS) had its price target lowered by Jefferies to $29.00. They have a “Hold” rating on the company.

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