Heineken (HINKY) (GIB) (HRS) (MOBI) (NFEC) Downgraded

Heineken (NASDAQ: HINKY), CGI Group Inc (NYSE: GIB), Harris (NYSE: HRS), Sky-mobi (NASDAQ: MOBI) and NF Energy Saving Corporation (NASDAQ: NFEC) downgraded by analysts.

CGI Group Inc. (GIB) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Heineken (HINKY) was downgraded by Nomura from a “Neutral” rating to a “Reduce” rating.

Harris (HRS) was downgraded by Merriman Curhan Ford from a “Buy” rating to a “Neutral” rating.

Sky-mobi (MOBI) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating.

NF Energy Saving Corporation (NFEC) was downgraded by Rodman & Renshaw from an “Outperform” rating to a “Market Perform” rating.

Harris (HRS) (IPGP) (CE) (SFSF) (SKT) Price Targets Changed

Harris (NYSE: HRS), IPG Photonics Co. (NASDAQ: IPGP), Celanese Co. (NYSE: CE), SuccessFactors, Inc. (NASDAQ: SFSF) and Tanger Factory Outlet Centers Inc. (NYSE: SKT) price targets adjusted by analysts.

Harris (HRS) had its price target lowered by Needham & Company from $56.00 to $48.00. They have a “Buy” rating on the company.

IPG Photonics Co. (IPGP) had its price target lowered by Dougherty & Co. from $80.00 to $75.00. They have a “Buy” rating on the company.

Celanese Co. (CE) had its price target raised by UBS AG (NYSE:UBS) from $48.00 to $52.00. They have a “Neutral” rating on the company.

SuccessFactors, Inc. (SFSF) had its price target lowered by UBS AG from $44.00 to $40.00. They have a “Buy” rating on the company.

Tanger Factory Outlet Centers Inc. (SKT) had its price target raised by UBS AG to $29.00. They have a “Buy” rating on the company.

Price Targets On (HRS) (IT) (LAMR) (MHLD) (NUS) Updated

Harris (NYSE: HRS), Gartner, Inc. (NYSE: IT), Lamar Advertising Company (NASDAQ: LAMR), Maiden Holdings, Ltd. (NASDAQ: MHLD) and Nu Skin Enterprises, Inc. (NYSE: NUS) had price targets updated.

Barclays Capital raised their price target on Harris (HRS) from $55.00 to $58.00. They have an “overweight” rating on the company.

Boenning & Scattergood raised their price target on Gartner, Inc. (IT) from $41.00 to $48.00. They have an “outperform” rating on the company.

Barclays Capital cut their price target on Lamar Advertising Company (LAMR) from $34.00 to $28.00. They have an “equal weight” rating on the company.

FBR Capital raised their price target on Maiden Holdings, Ltd. (MHLD) from $10.00 to $11.00. They have an “outperform” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Nu Skin Enterprises, Inc. (NUS) from $35.00 to $38.00. They have a “buy” rating on the company.

Price Targets On (FWLT) (GLUU) (HAIN) (HRS) (IPGP) Updated by Analysts

Analysts have updated their price targets on Foster Wheeler Ltd. (NASDAQ: FWLT), Glu Mobile Inc. (NASDAQ: GLUU), The Hain Celestial Group, Inc. (NASDAQ: HAIN), Harris (NYSE: HRS) and IPG Photonics Co. (NASDAQ: IPGP).

Stifel Nicolaus cut their price target on Foster Wheeler Ltd. (FWLT) from $48.00 to $44.00. They have a “buy” rating on the company.

Northland Securities raised their price target on Glu Mobile Inc. (GLUU) from $5.25 to $6.00. They have an “outperform” rating on the company.

UBS AG (NYSE:UBS) raised their price target on The Hain Celestial Group, Inc. (HAIN) to $34.00. They have a “neutral” rating on the company.

The Benchmark Company raised their price target on Harris (HRS) from $56.00 to $63.00. They have a “buy” rating on the company.

Dougherty & Co. raised their price target on IPG Photonics Co. (IPGP) to $80.00.

Harris (NYSE:HRS) Outlook for 2012 Looks Good

Harris Corp.'s (NYSE:HRS) RF Comm. business will suffer over the long term, after MRAPrelated sales ended, but should be sustainable at current levels on public safety and international business.

Needham says, "While concerns regarding the longer term growth prospects for the RF Comm. business are likely to linger in light of cessation of MRAPrelated sales, potential competition from JTRS programs of record, and broader concerns around declining DoD spending, we think international strength as well as growth of the public safety business should sustain the RF Comm. business at or near current levels over the medium term with overall growth driven by HRS’ increasing services businesses."

Needham & Company maintains a 'Buy' on Harris Corp. (HRS), which closed Thursday at $48.19, down $0.59, or 1.21 percent. Needham has a price target of $53 on Harris.