Analyst initiations 4-18-07: EBAY, CA, CAH, CKR & FIRE initiated today
Posted Apr 18th 2007 11:34AM by Kevin Shult
Filed under: Before the Bell, eBay (EBAY), CA Inc (CA), Analyst Initiations, Cardinal Health (CAH), CKE Restaurants (CKR)
MOST NOTEWORTHY: CKE Restaurants (CKR), Cardinal Health (CAH), eBay (EBAY) and CA Inc (CA) topped today's noteworthy initiation list today:
- Nollenberger believes the Hardee's franchise is entering a period of accelerated growth and initiated shares of CKE Restaurants (NYSE: CKR) with a Buy rating and $27 target.
- Goldman views Cardinal Health (NYSE: CAH) as a as a high quality, focused franchise with strong fundamental outlook driven by margin expansion and improvements in non-drug wholesale businesses and restructuring efforts, reinstating its Buy rating on the company.
- American Technology initiated eBAY Inc (NASDAQ: EBAY) with a Buy rating and $43 target, believing the company is the top play on growth of U.S. e-commerce and they expect upside to numbers tonight.
- Needham believes CA Inc (NYSE: CA) Inc remains in transition as it continues to work on the repackaging of its vast product array into five solution sets and started the company with a Hold rating.
OTHER INITIATIONS:
- Roth Capital initiated shares of Vivus Inc (NASDAQ: VVUS) with a Buy rating and $15 target.
Analyst summaries provided by
TheFlyOnTheWall.com (subscription required).
Tags: analyst, ca, cah, cardinal, cke, ckr, clearwire, clwr, ebay, f5, ffiv, fire, initiation, rating, sourcefire, theflyonthewall.com, vivus, vno, vornado, vvus, wet seal, WetSeal, wtsla
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
