Wednesday, December 7, 2011

AutoZone (AZO) (CIEN) (DECK) (KLAC) (LOGM) (NVLS) (TLLP) Price Targets Changed

AutoZone, Inc. (NYSE: AZO), Ciena Corp. (NASDAQ: CIEN), Deckers Outdoor (NASDAQ: DECK), KLA-Tencor (NASDAQ: KLAC), LogMeIn Inc. (NASDAQ: LOGM), Novellus Systems, Inc. (NASDAQ: NVLS) and Tesoro Logistics LP (NASDAQ: TLLP) had price targets on them adjusted by analysts.

AutoZone, Inc. (AZO) had its price target raised by Citigroup (NYSE:C) to $395.00.

Ciena Corp. (CIEN) had its price target lowered by UBS AG (NYSE:UBS) to $13.50. They have a “Neutral” rating on the company.

Deckers Outdoor (DECK) had its price target raised by Credit Suisse (NYSE:CS) to $127.00. They have an “Outperform” rating on the company.

KLA-Tencor (KLAC) had its price target raised by Morgan Stanley (NYSE:MS) to $55.00.

LogMeIn Inc. (LOGM) had its price target raised by RBC Capital from $40.00 to $47.00. They have an “Outperform” rating on the company.

Novellus Systems, Inc. (NVLS) had its price target raised by Needham & Company from $37.00 to $40.00. They have a “Buy” rating on the company.

Tesoro Logistics LP (TLLP) had its price target raised by Wunderlich from $27.50 to $33.00. They have a “Buy” rating on the company.

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