Analyst initiations 2-22-07: E*Trade started with a Buy rating at UBS

Posted Feb 22nd 2007 11:43AM by Kevin Shult
Filed under: Before the Bell, TD AmeriTrade Holding (AMTD), Mattel, Inc (MAT), Analyst Initiations

MOST NOTEWORTHY: Plexus Corp (PLXS) and Ameristar Casinos Inc (ASCA) were some of today's most notable initiations:

Lehman initiated Plexus Corp (NASDAQ: PLXS) with an Underweight rating and $15.50 target.

Wachovia started Ameristar Casinos Inc (NASDAQ: ASCA) with an Outperform rating; the firm sees upside for Ameristar through growth of existing properties that have expansions and the removal of the $500 loss limit in Missouri.

OTHER INITIATIONS:

Mattel Inc (NYSE: MAT) was initiated with a Hold rating at Sterne Agee.

First Albany started Gaming Partners International Corp (NASDAQ: GPIC) with a Buy rating and $23 target.

Jefferies initiated Morgans Hotel Group Co (NASDAQ: MHGC) with a Hold rating and $20 target based on valuation.

UBS started E*Trade Financial Corp (NASDAQ: ETFC) with a Buy rating and $29 target.

UBS also started TD Ameritrade Holding Corp (NASDAQ: AMTD) with a Neutral rating on valuation.

Stifel initiated Saia Inc (NASDAQ: SAIA) with a Buy rating and $31 target; the firm is positive on Saia's growth and said the company should be the biggest beneficiary of further tonnage leakage from Central Freight Lines, which recently went private.

William Blair started US BioEnergy Corp (NASDAQ: USBE) with an Outperform rating.

JMP Securities assumed coverage of Delta Financial Corp (NYSE: DFC) with a Strong Buy rating and $13 target.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Tags: ameristar, ameritrade, amtd, analyst, asca, delta financial, DeltaFinancial, dfc, e*trade, esbe, etfc, gaming parthers, GamingParthers, gpic, initiations, mat, mattel, mhgc, morgans, plexus, plxs, ratings, saia, theflyonthewall.com, us bioenergy, UsBioenergy

Print this

Reader Comments (Page 1 of 1)

3-12-2007 @ 12:55PM

chuck capperino said...

You were right to valuse E-Trade over AMTD Amertrade.

The later one went from have two of the better backrooms... to the worst. I've been trying to move some stock from a standard IRA to a Roth... since mid-December... for tax reasons. And it still isn't completed after 3 whole months. How bad can you get?