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Monday, December 5, 2011

Noranda (NOR) (PAA) (KR) (LULU) (MITL) (NFX) Price Targets Changed

Noranda Aluminum Holding Co. (NYSE: NOR), Plains All Amererican (NYSE: PAA), Kroger (NYSE: KR), Lululemon (NASDAQ: LULU), Mitel Networks Corp. (NASDAQ: MITL) and Newfield Exploration Co. (NYSE: NFX) had price targets on them adjusted by analysts.

Kroger (KR) had its price target lowered by Goldman Sachs (NYSE:GS) to $21.00.

Lululemon (LULU) had its price target lowered by Telsey Advisory Group from $59.00 to $56.00.

Mitel Networks Corp. (MITL) had its price target lowered by Canaccord Genuity to $3.50.

Newfield Exploration Co. (NFX) had its price target lowered by Canaccord Genuity to $61.00.

Noranda Aluminum Holding Co. (NOR) had its price target lowered by Bank of America (NYSE:BAC) to $8.00.

Plains All Amererican (PAA) had its price target raised by Wunderlich from $71.00 to $73.00. They have a “Buy” rating on the company.

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