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Monday, December 12, 2011

MEMC (WFR) (BBY) (STJ) (TXN) (ALOG) (ALTR) Price Targets Changed

MEMC Electronic Materials Inc. (NYSE: WFR), Best Buy Co., Inc. (NYSE: BBY), St. Jude Medical, Inc. (NYSE: STJ), Texas Instruments (NYSE: TXN), Analogic (NASDAQ: ALOG) and Altera (NASDAQ: ALTR) had price targets on them adjusted by analysts.

MEMC Electronic Materials Inc. (WFR) had its price target lowered by Piper Jaffray (NYSE:PJC) to $4.50. They have a “Neutral” rating on the company.

Best Buy Co., Inc. (BBY) had its price target lowered by Wedbush to $25.00. The analysts now have a “buy” rating on the company.

St. Jude Medical, Inc. (STJ) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $48.00.

Texas Instruments (TXN) had its price target lowered by FBR Capital from $31.00 to $28.00. They have a “Market Perform” rating on the company.

Analogic (ALOG) had its price target raised by Benchmark Co. to $65.00.

Altera (ALTR) had its price target lowered by Citigroup (NYSE:C) to $39.00.

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