Price Targets on (SINA) ( M) (STWD) (SUPX) (SYMC) Updated

Price targets on shares of Sina (NASDAQ: SINA), Macy’s (NYSE: M), Starwood Property Trust (NASDAQ: STWD), Supertex, Inc. (NASDAQ: SUPX) and Symantec (NASDAQ: SYMC) updated by analysts.

Goldman Sachs (NYSE:GS) raised their price target on Macy’s (M) to $32.00. They have a “neutral” rating on the company.

Stifel Nicolaus raised their price target on Sina (SINA) from $130.00 to $140.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Starwood Property Trust (STWD) from $25.50 to $26.50.

Collins Stewart cut their price target on Supertex, Inc. (SUPX) from $26.00 to $20.00. They have a “hold” rating on the company.

FBR Capital raised their price target on Symantec (SYMC) from $18.00 to $21.00. They have a “market perform” rating on the company.

Starwood Property Trust (NYSE:STWD) Positioned Strongly as Commercial Real Estate Liquidity Source

With its successful secondary offering of 23 million shares recently, Starwood Property Trust (NYSE:STWD) has positioned themselves as a strong source of liquidity for the commercial real estate market.

FBR said, "We reiterate our rating and increase our price target to $28, following the successful pricing of 23 million shares in last week's secondary offering. Based on Starwood's significant capital base and robust opportunity set, we believe STWD is on the cusp of becoming a significant source of liquidity in a dislocated commercial real estate market. Specifically, we believe STWD is setting itself up to be a source of loans (specifically, A-notes of first mortgages/whole loans) to the CMBS conduit market. In other words, we view STWD as a potential "conduit for the conduit CMBS players.""

FBR Capital maintains an 'Outperform" on Starwood Property Trust, which closed Wednesday at $20.54, up $0.24, or 1.18 percent. They increased their price target on them from $25 to $28.