Oppenheimer Price Target and Rating Updates 7/27/11

Oppenheimer made a number of price target and rating updates in a research report published today. Amazon AMZN had its rating reiterated at Outperform. At the same time, its price target was raised from $220 to $250. On Tuesday, AMZN closed the day at $214.18. Its shares added 5.66% to their value in today's pre-market trading to stand around $226.30. Gilead Sciences GILD had its rating reiterated at Outperform. At the same time, its price target was raised from $45 to $46. On Tuesday, Gild closed the day at $42.16. Juniper Networks JNPR had its rating downgraded to Perform from Outperform. At the same time, its price target was removed. The last price target on the company's stock was $46. On Tuesday, JNPR closed the day at $31.17. Its shares fell 19.63% in today's pre-market trading to stand around $25.05. Netflix NFLX had its rating reiterated at Outperform. At the same time, its price target was reduced from $360 to $310. On Tuesday, NFLX closed the day at $266.91. Its shares lost 0.79% of their value in today's pre-market trading to stand around $264.81. PrivateBancorp PVTB had its rating reiterated at Outperform. At the same time, its price target was reduced from $17 to $16. On Tuesday, PVTB closed the day at $13. Questcor Pharmaceuticals QCOR had its rating reiterated at Outperform. At the same time, its price target was raised from $27 to $35. On Tuesday, QCOR closed the day at $26. Its shares added 15.38% to their value in today's pre-market trading to stand around $30.
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Posted In: DowngradesPrice TargetReiterationAnalyst RatingsBiotechnologyCommunications EquipmentConsumer DiscretionaryFinancialsHealth CareInformation TechnologyInternet RetailOppenheimerPharmaceuticalsRegional Banks
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