Equities Research Analysts’ price target changes for Friday, August 25th:
Adobe Systems (NASDAQ:ADBE) had its target price boosted by Bank of America Corporation from $108.00 to $120.00. They currently have a neutral rating on the stock. The analysts wrote, “We believe VMW has hit a tipping point whereby licenses from new and faster growing products such as NSX, vSAN, EUC are ~50% of license revenues and will increasingly inflect growth and plant it more firmly in double-digit territory,” the analyst concluded. “This would potentially reduce license cyclicality.”Related Links:7 Biggest Price Target Changes For FridayBenzinga’s Top Upgrades, Downgrades For August 25, 2017_______Image Credit: “A section of the VMware headquarters campus”
Autodesk (NASDAQ:ADSK) had its price target raised by Credit Suisse Group from $120.00 to $125.00. The firm currently has an outperform rating on the stock.
Autodesk (NASDAQ:ADSK) had its target price boosted by Morgan Stanley from $115.00 to $120.00. The firm currently has an overweight rating on the stock.
AnaptysBio (NASDAQ:ANAB) had its target price raised by Credit Suisse Group from $34.00 to $38.00. They currently have an outperform rating on the stock.
Abercrombie & Fitch (NYSE:ANF) had its price target lowered by BMO Capital Markets from $14.00 to $12.00. BMO Capital Markets currently has a market perform rating on the stock.
Broadcom Limited (NASDAQ:AVGO) had its target price increased by Jefferies Group LLC from $270.00 to $286.00. Jefferies Group LLC currently has a buy rating on the stock.
Burlington Stores (NYSE:BURL) had its price target increased by Morgan Stanley from $105.00 to $107.00. Morgan Stanley currently has an overweight rating on the stock.
Avis Budget Group (NASDAQ:CAR) had its price target cut by Morgan Stanley from $19.00 to $18.00. Morgan Stanley currently has an underweight rating on the stock.
Chipotle Mexican Grill (NYSE:CMG) had its target price trimmed by Credit Suisse Group from $335.00 to $320.00. The firm currently has a neutral rating on the stock.
CyrusOne (NASDAQ:CONE) had its target price boosted by Morgan Stanley from $58.00 to $63.00. They currently have an overweight rating on the stock.
Dollar Tree (NASDAQ:DLTR) had its target price raised by Jefferies Group LLC from $80.00 to $85.00. The firm currently has a hold rating on the stock.
Dollar Tree (NASDAQ:DLTR) had its target price increased by Buckingham Research from $87.00 to $93.00. Buckingham Research currently has a buy rating on the stock.
Dollar Tree (NASDAQ:DLTR) had its target price increased by Morgan Stanley from $82.00 to $84.00. They currently have an equal weight rating on the stock.
Dollar Tree (NASDAQ:DLTR) had its price target increased by BMO Capital Markets from $88.00 to $90.00. The firm currently has a market perform rating on the stock.
Hoegh LNG Partners (NASDAQ:HMLP) had its price target increased by Citigroup Inc. from $21.00 to $22.00. Citigroup Inc. currently has a buy rating on the stock.
Hormel Foods Corporation (NYSE:HRL) had its price target trimmed by Buckingham Research from $37.00 to $33.00. They currently have a neutral rating on the stock.
Hormel Foods Corporation (NYSE:HRL) had its price target trimmed by BMO Capital Markets from $45.00 to $38.00. The firm currently has an outperform rating on the stock.
IMPAC Mortgage Holdings (NYSEMKT:IMH) had its price target trimmed by JMP Securities from $20.00 to $18.00. The firm currently has an outperform rating on the stock.
Mallinckrodt PLC (NYSE:MNK) had its price target lowered by Jefferies Group LLC from $70.00 to $60.00. They currently have a buy rating on the stock.
Marvell Technology Group (NASDAQ:MRVL) had its price target increased by KeyCorp from $22.00 to $23.00. They currently have an overweight rating on the stock.
OSI Systems (NASDAQ:OSIS) had its price target boosted by Jefferies Group LLC from $85.00 to $93.00. The firm currently has a buy rating on the stock.
Pure Storage (NYSE:PSTG) had its target price raised by KeyCorp from $17.00 to $18.00. KeyCorp currently has an overweight rating on the stock.
Pure Storage (NYSE:PSTG) had its target price increased by Morgan Stanley from $13.00 to $15.00. They currently have an equal weight rating on the stock.
Pure Storage (NYSE:PSTG) had its price target increased by BMO Capital Markets from $15.00 to $16.00. They currently have an outperform rating on the stock.
PVH Corp. (NYSE:PVH) had its target price increased by Buckingham Research from $142.00 to $143.00. They currently have a buy rating on the stock.
PVH Corp. (NYSE:PVH) had its price target boosted by Citigroup Inc. from $125.00 to $148.00. The firm currently has a neutral rating on the stock.
QTS Realty Trust (NYSE:QTS) had its target price raised by Morgan Stanley from $53.00 to $58.00. The firm currently has an equal weight rating on the stock.
Rogers Communication (NYSE:RCI) (TSE:RCI.B) had its price target raised by Morgan Stanley from $63.00 to $67.00. The firm currently has an equal weight rating on the stock.
Sanderson Farms (NASDAQ:SAFM) had its price target increased by BMO Capital Markets from $130.00 to $150.00. The firm currently has a market perform rating on the stock.
Signet Jewelers Limited (NYSE:SIG) had its target price raised by Buckingham Research from $51.00 to $55.00. The firm currently has a neutral rating on the stock.
J.M. Smucker Company (The) (NYSE:SJM) had its price target trimmed by Morgan Stanley from $114.00 to $108.00. They currently have an underweight rating on the stock.
J.M. Smucker Company (The) (NYSE:SJM) had its price target lowered by Citigroup Inc. from $155.00 to $133.00. They currently have a buy rating on the stock.
J.M. Smucker Company (The) (NYSE:SJM) was given a $110.00 target price by analysts at Credit Suisse Group. The firm currently has a hold rating on the stock.
Splunk (NASDAQ:SPLK) had its target price raised by Morgan Stanley from $74.00 to $77.00. Morgan Stanley currently has an overweight rating on the stock.
Splunk (NASDAQ:SPLK) had its target price raised by BMO Capital Markets from $69.00 to $71.00. The firm currently has an outperform rating on the stock.
Splunk (NASDAQ:SPLK) had its price target increased by Citigroup Inc. from $64.00 to $70.00. They currently have a neutral rating on the stock.
Stamps.com (NASDAQ:STMP) was given a $250.00 price target by analysts at B. Riley. The firm currently has a buy rating on the stock.
Ulta Beauty (NASDAQ:ULTA) had its price target lowered by KeyCorp from $330.00 to $300.00. They currently have an overweight rating on the stock.
Ulta Beauty (NASDAQ:ULTA) had its price target cut by Buckingham Research from $330.00 to $225.00. Buckingham Research currently has a neutral rating on the stock.
Vmware (NYSE:VMW) had its price target raised by Jefferies Group LLC from $121.00 to $129.00. Jefferies Group LLC currently has a buy rating on the stock.
Vmware (NYSE:VMW) had its price target raised by Morgan Stanley from $107.00 to $115.00. They currently have an overweight rating on the stock.
Vmware (NYSE:VMW) had its target price boosted by BMO Capital Markets from $110.00 to $114.00. BMO Capital Markets currently has a market perform rating on the stock.
Yelp (NYSE:YELP) had its target price boosted by Jefferies Group LLC from $43.00 to $49.00. The firm currently has a buy rating on the stock.
