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Thursday, February 2, 2012

Aspen (AZPN) (UBNT) (UPS) (TROW) (UMC) (EGP) Ratings, Price Targets

Aspen Technology, Inc. (NASDAQ: AZPN), Ubiquiti Networks (NASDAQ: UBNT), United Parcel Service, Inc. (NYSE: UPS), T. Rowe Price (NASDAQ: TROW), United Microelectronics (NYSE: UMC) and EastGroup Properties Inc. (NYSE: EGP) ratings and price targets.

Ubiquiti Networks (UBNT) had its price target raised by Wunderlich from $25.00 to $28.00. They have a “Buy” rating on the company.

United Parcel Service, Inc. (UPS) had its price target raised by Sterne Agee to $110.00.

T. Rowe Price (TROW) was downgraded by Citigroup (NYSE:C) from a “Neutral” rating to a “Sell” rating. They have a price target of $50.00 on the company.

United Microelectronics (UMC) was downgraded by Jefferies Group (NYSE:JEF) from a “Buy” rating to a “Hold” rating.

EastGroup Properties Inc. (EGP) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

Aspen Technology, Inc. (AZPN) had its “Buy” rating reiterated by Canaccord Genuity.

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