Electronic Manufacturing Services

Jefferies is out with its report today on Echelon (NASDAQ: ELON), upgrading ELON from Hold to Buy. In its report, Jefferies writes, "We upgrade ELON based on the following: 1) China partnership is new competitive differentiator; 2) best expected topline growth in smart grid for 2012; and 3)...

J.P. Morgan Chase & Co. is out with a research report on Molex (NASDAQ: MOLX) and is lowering its price target to $27.50 from $34, but is keeping its Overweight rating on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "We are lowering FQ1 to the midpoint of guidance. The new...

JP Morgan has lowered the price target on Molex (NASDAQ: MOLX) from $34 to $27.50 and maintains its Overweight rating.

Jefferies & company has upgraded Echelon (NASDAQ: ELON) from Hold to Buy and has raised the price target from $10.50 to $11.

Trimble Navigation Limited (NASDAQ: TRMB) +13.54% on the upbeat earning reported yesterday. j2 Global Communications, Inc. (NASDAQ: JCOM) +16.59% on the upbeat earning reported yesterday. Allscripts Healthcare Solutions Inc (NASDAQ: MDRX) +11.83% on several analyst upgrades this morning. Quanta...

Piper Jaffray is out with its report today on Trimble Navigation (NASDAQ: TRMB), lowering its PT from $52 to $44. In its report, Piper Jaffray writes, "3Q EPS guidance matched consensus; we are lifting our FY11 EPS estimate by the 2Q beat and our FY12 estimate to $2.46. Our price target, however,...

Morgan Keegan reiterated its Market Perform rating on Mercury Computer Systems (NASDAQ: MRCY). At the same time, the rating agency reduced its price target on the company's stock from $22 to $20. On Tuesday, MRCY closed the day at $16.07.

Wedbush Securities has raised the price target on Trimble Navigation (NASDAQ: TRMB) from $41 to $42 and maintains its Neutral rating.

Piper Jaffray has lowered the price target on Trimble Navigation (NASDAQ: TRMB) from $52 to $44 and maintains its Neutral rating.

Morgan Keegan has lowered the price target on Mercury Computer Systems (NASDAQ: MRCY) from $22 to $20 and maintains its Market Perform rating.

J.P. Morgan is lowering its price target on Trimble Navigation (NASDAQ: TRMB) from $55.50 to $51.50 following the company's 2Q results. Says J.P. Morgan, in its report, “TRMB reported 2Q results and issued 3Q guidance above expectations as E&C and Field Solutions revenue both grew 25+% y/y....

Piper Jaffray is out with a research report on IPG Photonics (NASDAQ: IPGP) and it is raising its price target to $86 from $85, and it has an Overweight rating after it reported earnings. In a note to clients, Piper Jaffray writes, "IPG's 2Q results followed the script laid out in PJC's preview as...

JP Morgan has lowered the price target on Trimble Navigation (NASDAQ: TRMB) from $55.50 to $51.50 and maintains its Overweight rating.

Piper Jaffray has raised the price target on IPG Photonics (NASDAQ: IPGP) from $85 to $86 and maintains its Overweight rating.

Shares of TE Connectivity (NYSE: TEL) are lower on the session by 2.02%, trading at $32.93. Overall put volume is now running at 9.57x the daily average, with 79% of all puts traded being purchases on the offer. 1,081 contracts have traded on the session so far. TE Connectivity Ltd., formerly...