Analyst initiations 4-27-07: BBBY, ETH, PIR and WSM
Posted Apr 27th 2007 11:26AM by Kevin Shult
Filed under: Before the bell, Bed Bath and Beyond (BBBY), Analyst initiations
MOST NOTEWORTHY: Four specialty retailers initiated at FTN Midwest were today's most noteworthy moves in the market:
OTHER INITIATIONS:
- CIBC started Chemtura Corp (NYSE: CEM) with a Sector Underperformer rating and $11 target on valuation.
- C.E. Unterberg started Altus Pharmaceuticals Inc (NASDAQ: ALTU) with a Buy rating and $12 target, believing the company's efforts to develop the first juvenile formulation of a pancreatic enzyme will be a key growth driver.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: altu, altus, analyst, bbby, bed bath, BedBath, brnc, bronco, cem, chemtura, drillers, eth, ethan allen, EthanAllen, initiation, pdc, pier 1, Pier1, pioneer, pir, rating, retail, specialty retail, SpecialtyRetail, theflyonthewall.com, udrl, union drilling, UnionDrilling, williams sonoma, WilliamsSonoma, wsm
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