Wednesday, July 20, 2011

Netflix (NFLX) (RRC) (PXP) (NRGY) (NWSA) Price Targets Change

Netflix, Inc. (NASDAQ: NFLX), Range Resources (NYSE: RRC), Plains Exploration & Production Company (NYSE: PXP), Inergy (NASDAQ: NRGY) and News Corp. (NASDAQ: NWSA) had their price targets adjusted by analysts.

Wedbush raised its price target on Netflix, Inc. (NFLX) from $80.00 to $100.00. They have an “underperform” rating on the company.

Morgan Keegan slashed its price target on Inergy (NASDAQ: NRGY) to $40.50.

Wunderlich boosted its price target on News Corp. (NWSA) from $14.00 to $18.00. They have a “buy” rating on the company.

Dahlman Rose raised its price target on Plains Exploration & Production Company (PXP) from $40.00 to $50.00. They have a “buy” rating on the company.

RBC Capital raised its price target on Range Resources (RRC) from $70.00 to $85.00. They have an “outperform” rating on the company.

Netflix closed Tuesday at $287.29, gaining $8.29, or 2.97 percent. Range Resources closed at $63.52, rising $2.52, or 4.13 percent. News Corp. ended the day at $15.79, jumping $0.82, or 5.51 percent. Plains Exploration & Production Company closed at $40.72, climbing $1.51, or 3.85 percent. Inergy closed at $35.28, up $0.13, or 0.37 percent.

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