10 Stocks That Had Their Price Targets Raised Tuesday

Energizer Holdings Inc (NYSE:ENR)’s price target was raised to $52 from $50 by Goldman Sachs yesterday. The firm, however, cut its rating for the batteries and lighting company to ‘Neutral’ from ‘Buy’. Energizer shares have gained a hefty 45% year-to-date. Energizer was held by 23 of the hedge funds in our database on March 31.

Deutsche Bank AG increased its price target for Global Payments Inc. (NYSE:GPN) to $79 from $72 in a report issued to investors on Tuesday. The bank also reiterated its ‘Buy’ rating on the digital commerce solutions company, which trades at $75.75 in late-morning trading.

Needham & Company raised its price target on Applied Materials, Inc. (NASDAQ:AMAT) to $29 from $26 on Tuesday. The firm thinks that Applied Materials’ new products, which were announced ahead of SEMICON West, will drive “incremental revenues” in the second half of fiscal year 2016 and through the 2017 fiscal year.

Wedbush Securities raised its price target on Medivation Inc (NASDAQ:MDVN) to $66 from $63. The firm also reaffirmed its ‘Buy’ rating for the company. Credit Suisse Group AG also restated its ‘Buy’ rating for the pharmaceutical company in a report published on Tuesday and has a $63 price target on it. Nancy Havens-Hasty‘s Havens Advisors opened a new position in Medivation during the second quarter, consisting of 183,500 shares.

Research analysts at Mizuho Financial Group upped their price target for Southern Co (NYSE:SO) to $52 from $50 in a research report issued on Tuesday. The firm has a ‘Neutral’ rating on the company. Southern Co shares have gained 13% in 2016.

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