Tuesday, February 7, 2012

FedEx (FDX) (PNRA) (QCOR) (GLW) (KCP) (NVS) (PHM) Ratings, Price Targets

FedEx (NYSE: FDX), Panera Bread Company (NASDAQ: PNRA), Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR), Corning Inc. (NYSE: GLW), Kenneth Cole Productions (NYSE: KCP), Novartis (NYSE: NVS) and PulteGroup, Inc. (NYSE: PHM) had ratings and price targets on them adjusted by analysts.

Panera Bread Company (PNRA) had its price target raised by Oppenheimer (NYSE:OPY) from $150.00 to $175.00. They have an “Outperform” rating on the company.

Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) had its price target lowered by Ladenburg Thalmann from $51.00 to $46.00. They have a “Buy” rating on the company.

FedEx (FDX) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

Corning Inc. (GLW) was upgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Overweight” rating. They have a price target of $16.00 on the company.

Kenneth Cole Productions (KCP) was upgraded by Sterne Agee from a “Neutral” rating to a “Buy” rating.

Novartis (NVS) was downgraded by Bank of America to an “Underperform” rating.

PulteGroup, Inc. (PHM) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

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