Thursday, December 29, 2011

Forest Oil (FST) (CAVM) (NBL) (MRX) (TOFC) (TWIN) Ratings, Price Targets

Forest Oil Co. (NYSE: FST), Cavium Networks, Inc. (NASDAQ: CAVM), Noble Energy (NYSE: NBL), Medicis Pharmaceuticals (NYSE: MRX), Tower Financial Co. (NASDAQ: TOFC) and Twin Disc Inc. (NASDAQ: TWIN) ratings and price targets.

CapitalOne initiated coverage on Forest Oil Co. (FST). The placed an “Add” rating on the company.

Cavium Networks, Inc. (CAVM) had its “Buy” rating reiterated by Auriga. They have a price target of $37.00 on the company.

Noble Energy (NBL) had its “Buy” rating reiterated by Sterne Agee. They have a price target of $117.00 on the company.

Medicis Pharmaceuticals (MRX) had its price target lowered by Deutsche Bank (NYSE:DB) to $41.00. They have a “Buy” rating on the company.

Tower Financial Co. (TOFC) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

Twin Disc Inc. (TWIN) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

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