Tuesday, October 4, 2011

Rubicon (RBCN) (COST) (RSTI) (COHR) (SGEN) (CY) Price Targets Changed

Rubicon Technology, Inc. (NASDAQ: RBCN), Costco (NASDAQ: COST), Rofin-Sinar Technologies (NASDAQ: RSTI), Coherent, Inc. (NASDAQ: COHR), Seattle Genetics, Inc. (NASDAQ: SGEN) and Cypress Semi (NYSE: CY) had their price targets adjusted by analysts.

Rubicon Technology, Inc. (RBCN) had its price target lowered by Canaccord Genuity from $11.00 to $9.00. They have a “Hold” rating on the company.

Costco (COST) had its price target raised by Piper Jaffray (NYSE:PJC) to $91.00.

Rofin-Sinar Technologies (RSTI) had its price target lowered by Longbow Research from $38.00 to $28.00. They have a “Buy” rating on the company.

Coherent, Inc. (COHR) had its price target lowered by Longbow Research from $65.00 to $55.00. They have a “Buy” rating on the company.

Seattle Genetics, Inc. (SGEN) had its price target lowered by Goldman Sachs (NYSE:GS) to $20.00. They have a “Neutral” rating on the company.

Cypress Semi (CY) had its price target lowered by Needham & Company from $26.00 to $18.00. They have a “Buy” rating on the company.

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