Friday, January 6, 2012

FedEx (FDX) (PHH) (PRGS) (RECN) (SONC) (END) Price Targets Changed

FedEx (NYSE: FDX), PHH Co. (NYSE: PHH), Progress Software (NASDAQ: PRGS), Resources Connection, Inc. (NASDAQ: RECN), Sonic Co. (NASDAQ: SONC) and Endeavour International Co. (NYSE: END) had price targets on them adjusted by analysts.

FedEx (FDX) had its price target raised by HSBC (NYSE:HBC) from $82.00 to $90.00. They have a “Neutral” rating on the company.

PHH Co. (PHH) had its price target lowered by Sterne Agee to $20.00.

Progress Software (PRGS) had its price target lowered by Benchmark Co. from $25.00 to $23.00. They have a “Buy” rating on the company.

Resources Connection, Inc. (NASDAQ: RECN) had its price target lowered by analysts at Deutsche Bank to $9.00.

Sonic Co. (SONC) had its price target lowered by Piper Jaffray (NYSE:PJC) to $11.00.

Endeavour International Co. (END) had its price target raised by Wunderlich to $18.00.

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