Slim Down for Summer with That's Fit

AOL Money & Finance

Analyst initiations 4-11-07: AKAM, CRM, INFY and SAPE initiated today

MOST NOTEWORTHY: Salesforce.com, Inc (CRM), B&G Foods, Inc (BGF), Akamai Technologies, Inc (AKAM), Infosys Technologies Ltd (INFY) and Sapient Corp (SAPE) were today's more notable initiations:
  • Bernstein started Salesforce.com Inc (NYSE: CRM) with an Outperform rating and $58 target. The firm believes CRM has the highest growth potential for revenues through 2012.
  • Credit Suisse initiated B&G Foods Inc (NYSE: BGF) with an Underperform rating and $20 target.
  • Akamai Technologies Inc (NASDAQ: AKAM) was initiated with a Buy rating and $68 target at Citigroup. The firm believes the recent pullback provides an attractive entry point and has confidence in AKAM's ability to deliver sustainable revenue growth of 35%-45% over the next few years.
OTHER INITIATIONS:
  • CIBC started Triumph Group (NYSE: TGI) with a Sector Outperformer rating and $68 target.
  • Wedbush initiated shares of Big Lots, Inc (NYSE: BIG) with a Hold rating and $30 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Related Posts

Symbol Lookup
IndexesChangePrice
DJIA-171.6311,543.55
NASDAQ-44.122,367.52
S&P 500-17.851,282.83

Last updated: August 30, 2008: 11:43 AM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance