Taleo (TLEO) (EPR) (PIKE) (INFA) (KNXA) (OTEX) Get New Coverage

Taleo Corp (NASDAQ: TLEO), Entertainment Properties Trust (NYSE: EPR), Pike Electric Co. (NASDAQ: PIKE), Informatica Co. (NASDAQ: INFA), Kenexa Co. (NASDAQ: KNXA) and Open Text (NASDAQ: OTEX) getting new coverage from analysts.

Morgan Keegan initiated coverage on Taleo Corp. (TLEO). They placed an “Outperform” rating and a price target of $33.00 on the company.

Goldman Sachs (NYSE:GS) initiated coverage on Entertainment Properties Trust (EPR). They placed a “Neutral” rating on the company.

Stifel Nicolaus initiated coverage on Pike Electric Co. (PIKE). They placed a “Buy” rating and a price target of $11.50 on the company.

Morgan Keegan initiated coverage on Informatica Co. (INFA). They placed a “Market Perform” rating and a price target of $50.00 on the company.

Morgan Keegan initiated coverage on Kenexa Co. (KNXA). They placed an “Outperform” rating and a price target of $32.00 on the company.

Morgan Keegan initiated coverage on Open Text (OTEX). They placed an “Outperform” rating and a price target of $64.00 on the company.

CONSOL (CNX) (CTL) (OTEX) (LGF) (HMIN) Price Targets Changed

CONSOL Energy Inc. (NYSE: CNX), CenturyLink, Inc. (NYSE: CTL), Open Text (NASDAQ: OTEX), Lions Gate (NYSE: LGF) and Home Inns & Hotels Management Inc. (NASDAQ: HMIN) have price targets adjusted by analysts.

Open Text (OTEX) had its price target lowered by Wunderlich from $70.00 to $65.00. They have a “Buy” rating on the company.

CONSOL Energy Inc. (CNX) had its price target lowered by FBR Capital from $65.00 to $63.00. They have an “Outperform” rating on the company.

CenturyLink, Inc. (CTL) had its price target lowered by Citigroup (NYSE:C) to $42.00. They have a “Buy” rating on the company.

Home Inns & Hotels Management Inc. (HMIN) had its price target raised by Brean Murray from $49.00 to $51.00. They have a “Buy” rating on the company.

Lions Gate (LGF) had its price target raised by RBC Capital from $6.50 to $7.00. They have a “Sector Perform” rating on the company.

Uranerz (URZ) (WSO) (ANR) (WLT) (CLD) (OTEX) Price Targets Changed

Uranerz Energy Corporation (NYSE: URZ), Watsco, Incorporated (NYSE: WSO), Alpha Natural Resources (NYSE: ANR), Walter Energy (NYSE: WLT), Cloud Peak Energy (NYSE: CLD) and Open Text (NASDAQ: OTEX) price targets adjusted by analysts.

Watsco, Incorporated (WSO) had its price target lowered by UBS AG (NYSE:UBS) to $54.00. They have a “Neutral” rating on the company.

Alpha Natural Resources (ANR) had its price target lowered by FBR Capital from $58.00 to $53.00. They have an “Outperform” rating on the company.

Uranerz Energy Corporation (URZ) had its price target lowered by Dahlman Rose from $5.00 to $3.50. They have a “Buy” rating on the company.

Walter Energy (WLT) had its price target lowered by FBR Capital from $139.00 to $104.00. They have a “Market Perform” rating on the company.

Cloud Peak Energy (CLD) had its price target lowered by FBR Capital from $28.00 to $25.00. They have an “Outperform” rating on the company.

Open Text (OTEX) had its price target lowered by The Benchmark Company from $56.00 to $52.00. They have a “Sell” rating on the company.

Open Text (OTEX) (NSC) (NVLS) (ODFL) (PFCB) Price Targets Adjusted

Price targets on Open Text (NASDAQ: OTEX), Norfolk Southern Corp. (NYSE: NSC), Novellus Systems, Inc. (NASDAQ: NVLS), Old Dominion (NASDAQ: ODFL) and P.F. Chang’s China Bistro (NASDAQ: PFCB) adjusted by analysts.

Stifel Nicolaus raised their price target on Norfolk Southern Corp. (NSC) from $78.00 to $83.00. They have a “buy” rating on the company.

Needham & Company cut their price target on Novellus Systems, Inc. (NVLS) from $45.00 to $41.00. They have a “buy” rating on the company.

Longbow Research raised their price target on Old Dominion (ODFL) from $38.00 to $46.00. They have a “buy” rating on the company.

Wunderlich raised their price target on Open Text (OTEX) from $60.00 to $70.00. They have a “buy” rating on the company.

RBC Capital cut their price target on P.F. Chang’s China Bistro (PFCB) from $55.00 to $52.00. They have an “outperform” rating on the company.

Ratings on (NKTR) (NPSP) ( OTEX) (RNOW) (ROK) Reiterated

Ratings on Nektar Therapeutics (NASDAQ: NKTR), Nps Pharmaceuticals Incorporated (NASDAQ: NPSP), Open Text (NASDAQ: OTEX), RightNow Technologies (NASDAQ: RNOW) and Rockwell Automation Inc (NYSE: ROK) reiterated by analysts.

Deutsche Bank (NYSE:DB) reiterated a “buy” rating on Nektar Therapeutics (NKTR). They have a price target of $14 on the company.

Brean Murray reiterated a “buy” rating on Nps Pharmaceuticals Incorporated (NPSP).

Raymond James (NYSE:RJF) reiterated an “outperform” rating on Open Text (OTEX).

Morgan Stanley (NYSE:MS) reiterated an “equal weight” rating on shares of RightNow Technologies (RNOW).

JPMorgan Chase & Co. (NYSE:JPM) reiterated a “neutral” rating on shares of Rockwell Automation Inc (ROK).

Analyst Downgrades for (OTEX) (PLCE) (PMC) (PTSI) (PX)

Analysts downgraded Open Text (NASDAQ: OTEX), Children’s Place Retail Stores, Inc. (NASDAQ: PLCE), Pharmerica Corporation (NYSE: PMC), P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) and Praxair, Inc. (NYSE: PX) today.

Benchmark Co. downgraded Open Text (OTEX) from a “hold” rating to a “sell” rating. They have a price target of $56 on the company.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Children’s Place Retail Stores, Inc. (PLCE) from an “overweight” rating to a “neutral” rating.

Stifel Nicolaus downgraded Pharmerica Corporation (PMC) from a “buy” rating to a “hold” rating.

Morgan Keegan downgraded P.A.M. Transportation Services, Inc. (PTSI) from an “outperform” rating to a “market perform” rating.

Piper Jaffray downgraded Praxair, Inc. (PX) from an “overweight” rating to a “neutral” rating. They now have a price target of $106 on the company, up from $104.

Microsoft (MSFT) (BEAV) (OTEX) (SFSF) (VECO) PTs Boosted

The shares of Microsoft Corp (NASDAQ: MSFT), BE Aerospace (NASDAQ: BEAV), Open Text (NASDAQ: OTEX), SuccessFactors, Inc. (NASDAQ: SFSF) and Veeco Instruments Inc. (NASDAQ: VECO) were all boosted April 26 by several analysts.

RBC Capital raised their price target on BE Aerospace (BEAV) from $46.00 to $48.00. They have a “Top Pick” rating on the company.

Morgan Stanley (NYSE:MS) boosted its price target on Microsoft Corp (MSFT) to $32.00. They have an “Overweight” rating on the software giant.

Wedbush raised their price target on Open Text (OTEX) from $55.00 to $65.00. They have a “Neutral” rating on the OTEX.

RBC Capital increased its price target on SuccessFactors, Inc. (SFSF) from $35.00 to $40.00. They have an “Outperform” rating on them.

Kaufman Brothers raised its price target on Veeco Instruments Inc. (VECO) from $55.00 to $60.00. They have a “Buy” rating on the firm.