Monday, September 26, 2011

FedEx (FDX) (WLT) (MKC) (THOR) (DFS) (CAVM) Price Targets Changed

FedEx (NYSE: FDX), Walter Energy (NYSE: WLT), McCormick (NYSE: MKC), Thoratec (NASDAQ: THOR), Discover Financial Services (NYSE: DFS) and Cavium Networks, Inc. (NASDAQ: CAVM) had price targets changed by analysts.

Walter Energy (WLT) had its price target lowered by Dahlman Rose from $110.00 to $85.00. They have a “Buy” rating on the company.

McCormick (MKC) is now covered at KeyBanc. They placed a “Buy” rating and a price target of $52.00 on the company.

Thoratec (THOR) had its price target raised by Barclays Capital from $39.00 to $43.00. They have an “Overweight” rating on the company.

Discover Financial Services (DFS) had its price target raised by Morgan Stanley (NYSE:MS) to $30.00.

Cavium Networks, Inc. (CAVM) had its price target lowered by UBS AG (NYSE:UBS) to $37.00. They have a “Buy” rating on the company.

FedEx (FDX) had its price target lowered by Barclays Capital from $123.00 to $115.00. They have an “Overweight” rating on the company.

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