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.

Ratings on (HD) (HPQ) (INSP) (INXN) (IPGP) Reiterated

Ratings on Home Depot (NYSE: HD), Hewlett-Packard (NYSE: HPQ), Infospace Inc (NASDAQ: INSP), InterXion Holding (NASDAQ: INXN) and IPG Photonics Co. (NASDAQ: IPGP) reiterated by analysts.

JPMorgan Chase & Co. (NYSE:JPM) reiterated an “overweight” rating on Home Depot (HD).

Sterne Agee reiterated a “buy” rating on Hewlett-Packard (HPQ).

Benchmark Co. reiterated a “buy” rating on Infospace Inc (INSP). They have a price target of $11.00 on the company.

Citigroup (NYSE:C) reiterated a “buy” rating on InterXion Holding (INXN).

Piper Jaffray (NYSE:PJC) reiterated an “overweight” rating on IPG Photonics Co. (IPGP).

Big Movers (FSLR) (IPGP) (TBL) (EMN) (CCU) on May 6

Among the big, positive movers on Friday, May 6, were First Solar (FSLR), IPG Photonics Corp. (IPGP), Timberland Company (TBL), Eastman Chemical (EMN) and Compania Cervecerias (CCU).

First Solar (FSLR) jumped $2.05, to close at $129.96, a gain of 1.60 percent.

IPG Photonics Corp. (IPGP) was up $2.04 on the day to close at $67.98, a gain of 3.09 percent.

Timberland Company (TBL) climbed $2.02 to close at $32.67, a gain of 6.59 percent.

Eastman Chemical (EMN) rose $2.01 to close the session at $103.46, a gain of 103.46 percent.

Compania Cervecerias (CCU) was up $1.98 to end the day at $59.95, a gain of 3.42 percent.

Price Targets on (EXLS) (FWLT) (IPGP) (LVS) (MCK) Updated by Analysts

Analysts updated the price targets on ExlService Holdings, Inc. (NASDAQ: EXLS), Foster Wheeler Ltd. (NASDAQ: FWLT), IPG Photonics Co. (NASDAQ: IPGP), Las Vegas Sands Corp. (NYSE: LVS) and McKesson Co. (NYSE: MCK).

Deutsche Bank (NYSE:DB) raised their price target on ExlService Holdings, Inc. (EXLS) from $24.00 to $29.00. They have a “buy” rating on the company.

Barclays Capital cut their price target on Foster Wheeler Ltd. (FWLT) from $45.00 to $42.00. They have an “overweight” rating on the company.

Barclays Capital raised their price target on IPG Photonics Co. (IPGP) from $60.00 to $65.00. They have an “equal weight” rating on the company.

Barclays Capital cut their price target on Las Vegas Sands Corp. (LVS) from $52.00 to $50.00. They have an “overweight” rating on the company.

Deutsche Bank raised their price target on McKesson Co. (MCK) from $101.00 to $108.00. 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.

ASML (Nasdaq:ASML), Lam (Nasdaq:LRCX), Varian (Nasdaq:VSEA), Teradyne (NYSE:TER), Corning (NYSE:GLW), Veco (Nasdaq: VECO), IPG Photonics (Nasdaq:IPGP)

Talking technology stocks, Barclays (NYSE:BCS) identified their top picks across several segments, including ASML (Nasdaq:ASML), Lam (Nasdaq:LRCX), Varian (Nasdaq:VSEA), Teradyne (NYSE:TER), Corning (NYSE:GLW), Veco (Nasdaq: VECO) and IPG Photonics (Nasdaq:IPGP).

Barclays reasoning was, "While a mid-cycle order correction has begun, we believe end market data points continue to signal that it will only be mild. Considering relatively cheap valuation and view that this correction is indeed modest, we continue to favor ASML, Lam Research, Teradyne, and Varian. In LCD, we like Corning and recommend owning shares into seasonal 1H11. In LED, we prefer Veco to Aixtron (Nasdaq:AIXG) and continue to see near-term downside risk for Cree (Nasdaq:CREE). Finally, fiber laser supplier IPG Photonics remains a favored growth story.

"Stock Ideas: Our top picks remain ASML (Immersion/EUV), LRCX (share gains/valuation), VSEA (adjacent solar), and TER (FCF/still underappreciated biz model). In LCD, our top pick remains GLW (Gorilla/LCD TV product cycles and valuation). In LED, we prefer VECO to AIXG and still see near-term downside risk to CREE. Finally, we continue to like disruptive tech leader IPGP (growth story)."

ASML closed Monday at $35.18, down $0.40, or 1.12 percent. Lam was at $49.49, gaining $0.27, or 0.55 percent. Varian finished at $35.21, up by $0.21, or 0.60 percent. Teradyne closed up at $13.48, increasing $0.75, or 5.89 percent. Corning was down to $18.69, losing $0.05, or 0.27 percent. Veco ended the session at $47.14, gaining $0.49, or 1.05 percent. IPG Photonics closed at $31.65, down by $0.13, or 0.41 percent.