Thursday, December 29, 2011

Veeco (VECO) (CAVM) (MN) (VAL) (HXL) (IDCC) Ratings, Price Targets

Veeco Instruments Inc. (NASDAQ: VECO), Cavium Networks, Inc. (NASDAQ: CAVM), Manning & Napier Inc. (NYSE: MN), The Valspar Co. (NYSE: VAL), Hexcel Co. (NYSE: HXL) and InterDigital, Inc. (NASDAQ: IDCC) ratings and price targets.

Cavium Networks, Inc. (CAVM) had its price target lowered by Stifel Nicolaus from $35.00 to $33.00. They have a “Buy” rating on the company.

Sandler O’Neill initiated coverage on Manning & Napier Inc. (MN). They placed a “Buy” rating on the company.

The Valspar Co. (VAL) had its price target raised by Longbow Research from $40.00 to $45.00. They have a “Buy” rating on the company.

Veeco Instruments Inc. (VECO) was upgraded by Zacks Investment Research from an “Underperform” rating to an “Outperform” rating.

Hexcel Co. (HXL) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

InterDigital, Inc. (IDCC) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.

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