Analyst initiations 5-08-07: AHM, CSX, MA, UNP and SKS
Posted May 8th 2007 11:07AM by Kevin Shult
Filed under: Before the bell, MasterCard Inc'A' (MA), Analyst initiations
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). Tags: ahm, american home, AmericanHome, analyst, aruba, arun, bni, burlington, canadian, canadian natural, CanadianNatural, ceradyne, cnq, crdn, csx, initiation, ma, mastercard, norfolk, nsc, rating, saks, sks, theflyonthewall.com, union pacific, UnionPacific, united therapeutics, UnitedTherapeutics, unp, uthr