Analyst initiations 6-12-07: ADM, GNBT, MAR and PAY
Posted Jun 12th 2007 11:21AM by Kevin Shult
Filed under: Before the Bell, Archer-Daniels-Midland (ADM), Marriott Intl'A' (MAR), Analyst Initiations, VeriFone Holdings (PAY)
MOST NOTEWORTHY: Marriott International (MAR), VeriFone Holdings, Inc (PAY), Generex Biotechnology Corp (GNBT), Quality Systems, Inc (QSII) and Owens Corning (OC) were today's noteworthy initiations:
- Friedman Billings views Marriott International's (NYSE: MAR) relatively low-risk, capital efficient fee income model as an attractive investment opportunity and started shares with an Outperform rating.
- Wedbush believes VeriFone Holdings (NYSE: PAY) is on the highest quality names in the space given the company's superior growth, high margins and consistent execution and started shares with a Strong Buy rating.
- Rodman believes Generex Biotech's (NASDAQ: GNBT) oral insulin, Oral-lyn could be a significant player in the non-injectable insulin market and initiated shares with an Outperform rating.
- Morgan Keegan started Owens Corning (NYSE: OC) with a Market Perform rating citing the slowdown in the North American housing market.
OTHER INITIATIONS:
- William Blair started Cepheid (NASDAQ: CPHD) with an Outperform rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, cepheid, cphd, ftek, fuel tech, FuelTech, generex, glu, gluu, gnbt, hyc, hypercom, initiation, mar, marriott, owens, pay, qsii, quality, rating, theflyonthewall.com, verifone
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