Monday, July 11, 2011

Apple (AAPL) (AEO) (CI) (JDSU) (MS) Have Price Targets Adjusted by Analysts

Apple, Inc (NASDAQ: AAPL), American Eagle (NYSE: AEO), CIGNA Co. (NYSE: CI), JDS Uniphase Co. (NASDAQ: JDSU) and Morgan Stanley (NYSE: MS) have price targets changed by analysts.

Canaccord Genuity raised their price target on Apple, Inc (AAPL) from $485.00 to $500.00. They have a “buy” rating on the company.

Piper Jaffray (NYSE:PJC) cut their price target on American Eagle (AEO) to $14.00.

Jefferies (NYSE:JEF) raised their price target on CIGNA Co. (CI) to $64.00. They have a “buy” rating on the company.

Piper Jaffray cut their price target on JDS Uniphase Co. (JDSU) to $21.00. They have an “overweight” rating on the company.

Ticonderoga cut their price target on Morgan Stanley (MS) from $31.00 to $26.00. They have a “buy” rating on the company.

Apple closed Friday at $359.71, gaining $2.51, or 0.70 percent. American Eagle Outfitters closed at $13.88, falling $0.07, or 0.50 percent. CIGNA closed at $51.85, dropping $0.01, or 0.02 percent. JDS Uniphase closed at $15.94, down $0.76, or 4.55 percent. Morgan Stanley ended the day at $22.30, losing $0.70, or 3.04 percent.

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