Monday, October 3, 2011

First Solar (FSLR) (SIMO) (EOG) (ACI) (BAC) Ratings, PT Changes

First Solar, Inc. (NASDAQ: FSLR), Silicon Motion Technology Corp. (NASDAQ: SIMO), EOG Resources (NYSE: EOG), Arch Coal, Inc. (NYSE: ACI) and Bank of America (NYSE: BAC) had ratings and price target changes on them.

Morgan Stanley (NYSE:MS) reiterated its “Equal Weight” rating on First Solar, Inc. (FSLR).

Silicon Motion Technology Corp. (SIMO) had its price target lowered by Needham & Company from $15.00 to $13.00.

Benchmark Co. initiated coverage on EOG Resources (EOG). They placed a “Buy” rating and a price target of $130.00 on the company.

Arch Coal, Inc. (ACI) had its price target lowered by Howard Weil from $41.00 to $35.00. They have an “Outperform” rating on the company.

Credit Suisse (NYSE: CS) lowered their price target on Bank of America (BAC) to $13.00. They have an “Outperform” rating on the company.

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