Wednesday, October 5, 2011

Salesforce (CRM) (APKT) (DOW) (HSP) (RECN) (SGEN) Get New Coverage, PT Changes

Salesforce.com (NYSE: CRM), Acme Packet, Inc. (NASDAQ: APKT), The Dow Chemical Company (NYSE: DOW), Hospira, Inc. (NYSE: HSP), Resources Connection, Inc. (NASDAQ: RECN) and Seattle Genetics, Inc. (NASDAQ: SGEN) had their price targets adjusted by analysts, or received new coverage.

Acme Packet, Inc. (NASDAQ: APKT) had its price target lowered by Needham & Company from $75.00 to $52.00. They have a “Buy” rating on the company.

The Dow Chemical Company (DOW) had its price target lowered by Jefferies (NYSE:JEF) to $26.00.

Hospira, Inc. (HSP) had its price target lowered by Ticonderoga from $63.00 to $54.00. They have a “Buy” rating on the company.

Resources Connection, Inc. (RECN) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) from $15.00 to $13.00. They have a “Neutral” rating on the company.

Seattle Genetics, Inc. (SGEN) is now covered by Summer Street Research. They placed a “Sell” rating on the company.

Salesforce.com (CRM) is now covered by Ticonderoga. They placed a “Neutral” rating on the company.

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