Analyst initiations 2-20-07: Actions Semi started with Outperform
Posted Feb 20th 2007 12:38PM by Melly Alazraki
Filed under: Analyst initiations
MOST NOTEWORTHY:
- Actions Semiconductor Co., Ltd. ADS (NASDAQ:ACTS) was the only noteworthy initiation today. Shares of the fabless semiconductor company were started with an Outperform rating and $10 target at Pacific Crest. The firm believes Actions is a cheap way to play the world's largest MP3-controller vendor.
OTHER INITIATIONS:
- Lazard started Immunomedics, Inc. (NASDAQ:IMMU) with a Buy rating and $6 target.
- SuperValu, Inc. (NYSE:SVU) was initiated at Morgan Stanley with an Equal Weight rating.
- CIBC started Cameco Corp. (NYSE:CCJ) with a Sector Outpeformer rating, with expectations for uranium demand to stay robust.
- HSBC Holdings initiated shares of Liberty Global, Inc. (NASDAQ:LBTYA) with an Overweight rating.
- AG Edwards initiated Spectra Energy Corp. (NYSE:SE) with a Hold rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: Actions Semiconductor, ActionsSemiconductor, acts, Cameco, ccj, immu, Immunomedics, lbtya, Liberty Global, LibertyGlobal, se, Spectra Energy, SpectraEnergy, SuperValu, svu
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