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Analyst initiations 5-08-07: AHM, CSX, MA, UNP and SKS

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MOST NOTEWORTHY: American Home Mortgage Investment Corp (AHM), MasterCard Inc (MA) and the selective railroad companies were today's more notable initiations:
  • JMP Securities started American Home Mortgage (NYSE: AHM) with a Market Perform frating citing the challenging mortgage market.
  • UBS started MasterCard (NYSE: MA) with a Buy and doesn't believe margin upside is fully reflected in the stock's valuation.
OTHER INITIATIONS:
  • Saks Inc (NYSE: SKS) was started at Bear Stearns with a Peer Perform rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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Last updated: July 06, 2009: 06:01 PM

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