Analyst initiations 5-31-07: Best Buy, Circuit City initiated
Posted May 31st 2007 12:42PM by Michael Rainey
Filed under: Best Buy (BBY), Circuit City Stores (CC), Analyst initiations, Delta Air Lines (DAL)
MOST NOTEWORTHY: Roo Group (RGRP) Best Buy (BBY), Circuit City Stores (CC) and several healthcare companies were today's noteworthy initiations:
OTHER UPGRADES:
- Famous Dave's of America (NASDAQ: DAVE) was initiated with a Buy rating at Feltl & Co.
- Needham initiated shares of RadiSys Corp. (NASDAQ: RSYS) with a Buy rating and $17 target, as it expects the company to benefit from the development of standards-based embedded solutions.
- Atmel Corp. (NASDAQ: ATML) was initiated with a Buy rating and $7.50 target at American Technology.
- Genomic Health (NASDAQ: GHDX) was initiated with an Outperform rating at Leerink Swann.
- Delta Air Lines (NYSE: DAL) was initiated with a Buy rating and $24 target at Soleil.
- Banc of America initiated shares of Hertz Global Holdings (NYSE: HTZ) with a Buy rating and $27 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: ATML, BBY, CC, DAL, DAVE, GHDX, HTZ, RGRP, RSYS