Monday, August 22, 2011

Suntech (STP) (LXK) (MDC) (MRVL) (TECD) Price Target Changed

Suntech Power (NYSE: STP), Lexmark International, Inc. (NYSE: LXK), MDC Holdings (NYSE: MDC), Marvell Technology Group (NASDAQ: MRVL) and Tech Data Corporation (NASDAQ: TECD) price target adjusted by analysts.

Lexmark International, Inc. (LXK) had its price target lowered by Barclays Capital from $36.00 to $31.00. They have an “Equal Weight” rating on the company.

MDC Holdings (MDC) had its price target lowered by Deutsche Bank (NYSE:DB) from $38.00 to $34.00. They have a “Buy” rating on the company.

Marvell Technology Group (MRVL) had its price target lowered by Deutsche Bank (NYSE:DB) from $22.00 to $18.00. They have a “Buy” rating on the company.

Suntech Power (STP) had its price target lowered by Collins Stewart from $7.50 to $5.50. They have a “Neutral” rating on the company.

Tech Data Corporation (TECD) had its price target lowered by Barclays Capital from $51.00 to $46.00. They have an “Equal Weight” rating on the company.

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