Tech stocks were ending the week in the green, with the Nasdaq up 1.2% to 2410.
Shares of Intuit(INTU Quote) climbed 3.6% to $31.12 after posting fourth-quarter results in line with Wall Street estimates. Jefferies raised its price target for the tax preparation software company on Friday to $34 from $33, but lowered its 2009 full-year earnings estimates to $1.89 from $1.93. Credit Suisse also raised its price target on Intuit to $40 from $35 while maintaining its rating of Outperform.
Varian Semiconductor (VSEA Quote) saw its stock jump 2.9% to $34.24 after edging out analysts' expectations for the third quarter. UBS subsequently raised its price target on the company to $40 from $34; however, it lowered its 2009 full-year earnings estimates to $1.20 from $1.40. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
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