Analyst initiations 4-03-07: Wal-Mart, Kroger and Marvel Entertainment initated today
Posted Apr 3rd 2007 11:21AM by Kevin Shult
Filed under: Before the bell, Wal-Mart (WMT), Kroger Co (KR), Analyst initiations
MOST NOTEWORTHY: Shutterfly, Inc (SFLY), Marvel Entertainment, Inc (MVL), National CineMedia, Inc (NCMI) and Wal-Mart Stores (WMT) were some of today's noteworthy initiations:
- Cantor sees significant opportunities for growth at Shutterfly Inc (NASDAQ: SFLY), driven by new business lines, international expansion and new products, among other things, and started SFLY Shares with a Buy rating.
- Stifel initiated Marvel Entertainment (NYSE: MVL) with a Buy rating and believes the impending film slate provides a long-term growth opportunity and serves as a catalyst.
- Thomas Weisel started National CineMedia Inc (NASDAQ: NCMI) with an Overweight rating, as the firm still believes the company is among the fastest-growing, ad-supported media companies in the U.S. given its ownership in NCM LLC, which has established a leadership position in the cinema advertising market.
OTHER INITIATIONS:
- Goldman Sachs started LSI Corp (NYSE: LSI) with a Neutral rating.
- Citigroup started Kroger Co (NYSE: KR) with a Buy rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, cnxt, conexant, initiation, kr, kroger, lsi, lsi logic, LsiLogic, marvel, mvl, national cinemedia, NationalCinemedia, ncmi, nmx, nymex, rating, sfly, shutterfly, smrt, steinmart, theflyonthewall.com, time warner cable, TimeWarnerCable, twc, wal-mart, wmt