AGCO (AGCO) (DRIV) (FLS) (GDOT) (IPG) (GPRO) Price Targets Changed

AGCO Corp. (NASDAQ: AGCO), Digital River, Inc. (NASDAQ: DRIV), Flowserve Corp (NYSE: FLS), Green Dot Co. (NASDAQ: GDOT), Interpublic Group of Companies, Inc. (NYSE: IPG) and Gen-Probe Incorporated (NASDAQ: GPRO) price targets adjusted by analysts.

AGCO Corp. (AGCO) had its price target raised by UBS AG (NYSE:UBS) from $60.00 to $62.00. They have a “Buy” rating on the company.

Digital River, Inc. (DRIV) had its price target cut by RBC Capital from $40.00 to $36.00. They have an “Outperform” rating on the company.

Flowserve Corp. (FLS) had its price target slashed by RBC Capital from $145.00 to $130.00. They have an “Outperform” rating on the company.

Green Dot Co. (GDOT) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $49.00.

Interpublic Group of Companies, Inc. (IPG) had its price target lowered by Goldman Sachs to $12.00. They have a “Neutral” rating on the company.

Gen-Probe Incorporated (GPRO) had its price target lowered by JPMorgan Chase & Co. to $64.00.

Avon (AVP) (CELG) (DDD) (DRIV) (GGG) (MXIM) Price Targets Adjusted

Avon Products, Inc. (NYSE: AVP), Celgene (NASDAQ: CELG), 3D Systems Co. (NYSE: DDD), Digital River, Inc. (NASDAQ: DRIV), Graco Inc. (NYSE: GGG) and Maxim Integrated Products Inc. (NASDAQ: MXIM) price targets adjusted by analysts.

Avon Products, Inc. (AVP) had its price target lowered by RBC Capital from $33.00 to $30.00. They have a “Sector Perform” rating on the company.

Celgene (CELG) had its price target raised by RBC Capital from $58.00 to $62.00. They have a “Sector Perform” rating on the company.

3D Systems Co. (DDD) had its price target lowered by Needham & Company from $28.00 to $26.00. They have a “Buy” rating on the company.

Digital River, Inc. (DRIV) had its price target lowered by FBR Capital from $41.00 to $35.00. They have an “Outperform” rating on the company.

Graco Inc. (GGG) had its price target lowered by Goldman Sachs (NYSE:GS) to $47.50. They have a “Sell” rating on the company.

Maxim Integrated Products Inc. (MXIM) had its price target raised by Stifel Nicolaus from $28.00 to $30.00. They have a “Buy” rating on the company.

Price Targets (AET) (CAH) (CAVM) (DISCA) (DRIV) Updated

Aetna Inc. (NYSE: AET), Cardinal Health (NYSE: CAH), Cavium Networks, Inc. (NASDAQ: CAVM), Discovery (NASDAQ: DISCA) and Digital River, Inc. (NASDAQ: DRIV) had their price targets updated by analysts.

Barclays Capital (NYSE:BCS) raised their price target on Aetna Inc. (AET) from $45.00 to $51.00. They have an “overweight” rating on the stock.

UBS AG (NYSE:UBS) raised their price target on Cardinal Health (CAH) from $47.00 to $51.00. They have a “buy” rating on the stock.

Deutsche Bank (NYSE:DB) raised their price target on Cavium Networks, Inc. (CAVM) from $50.00 to $53.00. They have a “buy” rating on the stock.

Goldman Sachs (NYSE:GS) raised their price target on Discovery (DISCA) to $44.00. They have a “sell” rating on the stock.

Deutsche Bank raised their price target on Digital River, Inc. (DRIV) from $25.00 to $26.00. They have a “hold” rating on the stock.

Digital River (NASDAQ:DRIV) Has Strong Pipeline Heading into 2011

Digital River (NASDAQ:DRIV) appears headed for significant growth in 2011, with FBR Capital citing Microsoft (NYSE:MSFT) and increased margins as major catalysts.

FBR said, "With strong revenue growth on the horizon for 2011, Redmond's confidence boost, and massive margin expansion opportunities, Digital River is well positioned in our view to capitalize on strong secular trends for the coming years...For FY11 we are increasing our revenue estimate to $406.8 million (20% core organic revenue growth) from $403.3 million while our FY12 estimate is moving up to $468.7 million (15% organic growth) versus our prior estimate of $459.6 million...For FY11 we are lowering our EPS estimates from $1.37 to $1.26 while our FY12 estimates move down to $1.71 versus our prior estimate of $1.87."

Digital River closed Friday at $36.68, up by $0.31, or 0.85 percent. FBR has a price target of $42 on Digital and maintains their "Outperform" rating on them.

Digital River (NASDAQ:DRIV) Misses Black Friday, Estimates Lowered

While Digital River (NASDAQ:DRIV) should do well in the longer term, but short-term they're taking a hit because of the decision to wait to work with Microsoft's (NASDAQ:MSFT) online store.

Instead they decided to wait in order to integrate additional functionality to the store, which is now expected to be operational in the early part of 2011.

Wedbush noted, "The company intends to offer $250 convertible notes due 2030 with a proposed coupon range of 2.25-2.75%. The company intends to use proceeds of $35 million to repurchase shares. We estimate the remainder could be used to target tuck-in acquisitions. The company expects $0.02-0.03 dilution in 4Q10 as a result of the additional 40 million outstanding shares for Q4."

EPS estimates for the fourth quarter 2010 were lowered from $0.30 to $0.28 and revenue estimates from $97 million to $95 million.

Wedbush maintains an "Outperform" rating on Digital River, which closed Thursday at $36.37, falling $1.68, or 4.42 percent. They have a price target of $42 on them.