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Most Noteworthy: Acme Packet (APKT) and Ultrapetrol (ULTR) were the only two initiations on today's list.
- Acme Packet, Inc. (NASDAQ:APKT) was initiated at ThinkEquity with a Buy and $20 target and initiated at Credit Suisse First Boston with an Outperform and $21 target, both firms cited the emerging Session Border Controller market as the reason for their positive ratings.
- Ultrapetrol (Bahamas) Ltd. (NASDAQ:ULTR) was initiated at Jefferies & Co. with a Buy and $16 target due to its attractive valuation and exposure to the high growth in the South American river barge trade and the expanding PSV market.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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