Price Targets on (BEN) (BLL) (CAM) (CATM) (CAVM) Updated

Price targets on Franklin Resources, Inc. (NYSE: BEN), Ball Co. (NYSE: BLL), Cameron International (NYSE: CAM), Cardtronics (NASDAQ: CATM) and Cavium Networks, Inc. (NASDAQ: CAVM) were updated today.

Jefferies (NYSE:JEF) raised their price target on Franklin Resources, Inc. (BEN) from $125.00 to $130.00. They have a “hold” rating on the company.

Longbow Research raised their price target on Ball Co. (BLL) from $42.00 to $48.00. They have a “buy” rating on the company.

Howard Weil cut their price target on Cameron International (CAM) from $65.00 to $63.00. They have an “outperform” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Cardtronics (CATM) from $21.00 to $23.00. They have an “overweight” rating on the company.

Cardtronics' (NASDAQ:CATM) Focus Should Remain on Debt

Barring an unforeseen catalyst, Cardtronics Inc.'s (NASDAQ:CATM) strategy in the near term should be to continue to pay down debt and decrease leverage.

Deutsche Bank (NYSE:DB) noted, "CATM has done well to address what kept the stock out of favor w/ market historically. We forecast almost $60m in FCF this year and nearly $70m in 2011. Unless a sizable M&A opportunity comes along (unlikely in our view), CATM probably will continue to pay down bank debt and reduce overall leverage to within 1-2x range."

EPS estimates for full year 2010 is $0.97 and for full year 2011 it is $1.25.

Concerning growth, Deutsche said it's pretty simple: They must add ATMs and increase fee streams.

Deutsche Bank maintains a "Buy" rating on Cardtronics, which closed Friday at $17.20, up $0.20, or 1.18 percent. Deutsche has a price target of $25 on them.