MOST NOTEWORTHY: Bebe Stores Inc (BEBE) topped today's most notable initiations.
- Wedbush started Bebe Stores Inc (NASDAQ: BEBE) with a Hold rating and $21 target; they believe shares are range-bound given near-term fashion risks and limited visibility into square-footage growth.
OTHER INITIATIONS:
- Gymboree Corp (NASDAQ: GYMB) was initiated with a Buy rating and $48 target at Wedbush, as the firm expects margin expansion opportunities from recent sourcing initiatives.
- Roth Capital added A.D.A.M. Inc (NASDAQ: ADAM) with a Buy rating and $8 target.
- Friedman Billings started MBIA Inc (NYSE: MBI) with a Market Perform rating.
- Lazard initiated Teekay Shipping Corp (NYSE: TK) with a Hold rating, citing valuation.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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