Tuesday, July 12, 2011

Ternium (TX) (NFLX) (AMZN) (CBS) (CSCO) Price Targets Adjusted

Ternium S.A. (NYSE: TX), Netflix, Inc. (NASDAQ: NFLX), Amazon.com, Inc. (NASDAQ: AMZN), CBS (NYSE: CBS) and Cisco Systems, Inc. (NASDAQ: CSCO) had their price targets changed by analysts.

Goldman Sachs (NYSE:GS) raised their price target on Netflix, Inc. (NFLX) to $330.00. They have a “buy” rating on the company.

The Benchmark Company raised their price target on Amazon.com, Inc. (AMZN) from $212.00 to $246.00. They have a “buy” rating on the company.

Needham & Company analysts raised their price target on CBS (CBS) from $28.00 to $35.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) cut their price target on Cisco Systems, Inc. (CSCO) to $18.00.

Barclays Capital cut their price target on Ternium S.A. (TX) from $43.00 to $39.00. They have an “overweight” rating on the company.

Netflix closed Monday at $2.90.74, falling $4.40, or 1.49 percent. Amazon.com closed at $212.55, losing $5.73, or 2.63 percent. CBS ended the day at $27.94, down $0.73, or 2.55 percent. Cisco closed at $15.43, dropping $0.31, or 1.97 percent. Ternium closed at $29.43, plunging $1.07, or 3.51 percent.

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