MOST NOTEWORTHY: Aeropostale (ARO) and Halliburton (HAL) top today's initiations.
- Caris initiated Aeropostale, Inc. (NYSE:ARO) with an Above Average rating and said Aeropostale's strong inventory, management and same-store sales growth should bring significant upside to margins.
- Credit Suisse started Halliburton Company (NYSE:HAL) with a Neutral and $43 target.
OTHER INITIATIONS:
- Medcath Corp (NASDAQ:MDTH) was initiated by Citigroup with a Buy and $35 target, citing a solid portfolio, strong core operating results and valuation.
- Credit Suisse initiated J Crew Group, Inc. (NYSE:JCG) with an Outperform rating and $42 target. The firm said J Crew was an attractive turnaround story with opportunity for margin expansion.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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Reader Comments (Page 1 of 1)
11-20-2006 @ 2:59PM
Bob K. said...
If the projection for Halliburton is $43 and the rating is "neutral" how in the hell is the stock supposed to get to $43 from current $32?....and in what period of time.
Easy to project a price if no timetable is given for accomplishing same.