Thursday, May 19, 2011

Price Targets on (INCY) (JCP) (LFT) (PETM) (SIX) Updated

Price targets on shares of Incyte (NASDAQ: INCY), J.C. Penney Company, Inc. (NYSE: JCP), Longtop Financial Technologies Limited (NYSE: LFT), Petsmart Inc (NASDAQ: PETM) and Six Flags Entertainment Corp (NYSE: SIX) were updated by analysts.

Oppenheimer raised their price target on Incyte (INCY) from $23.00 to $25.00. They have an “outperform” rating on the company.

Morgan Stanley (NYSE:MS) raised their price target on J.C. Penney Company, Inc. (JCP) to $32.00. They have an “underweight” rating on the company.

BMO Capital Markets cut their price target on Longtop Financial Technologies Limited (LFT) from $50.00 to $25.00. They have an “outperform” rating on the company.

Goldman Sachs (NYSE:GS) raised their price target on Petsmart Inc (PETM) to $50.00. They have a “buy” rating on the company.

Oppenheimer raised their price target on Six Flags Entertainment Corp (SIX) from $77.00 to $84.00. They have an “outperform” rating on the company.

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