Analyst initiations 6-19-07: BIG, DIS, NWS, TWX and VIA.B
Posted Jun 19th 2007 11:31AM by Kevin Shult
Filed under: Before the bell, Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), News Corp'B' (NWS), Analyst initiations
MOST NOTEWORTHY: Atheros Communications (ATHR), Analog Devices (ADI), Omniture (OMTR) and TriZetto Group (TZIX) were today's noteworthy initiations:
- Oppenheimer expects a seasonally stronger 2H07 out of Atheros Communications (NASDAQ: ATHR) given continued growth from 802.11n design wins and started shares with a Buy rating.
- AG Edwards believes Analog Devices (NYSE: ADI) has plenty of room to gain additional market share and started shares with a Buy rating.
- Jefferies believes Omniture (NASDAQ: OMTR) is positioned to benefit from the rapid growth of Web analytics, but has near-term valuation concerns, and started shares with a Hold rating.
- Deutsche Bank started TriZetto (NASDAQ: TZIX) with a Buy rating, citing the company's diversified product mix and opportunities to drive adoption rate of consumer-driven health plans for their Buy rating...
OTHER INITIATIONS:
- The Banc of America assumed the entertainment sector with a Market Weight rating and assumed coverage of Time Warner (NYSE: TWX) and News Corp (NYSE: NWS.A) with Buy ratings and a $25 target and $26 target, respectively, as well as The Walt Disney Co (NYSE: DIS) and Viacom (NYSE: VIA.B) with Neutral ratings and a $37 target and $43 target, respectively.
- JP Morgan started Big Lots (NYSE: BIG) with a Neutral rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: adi, analog, analyst, atheros, athr, big, big lots, BigLots, dis, disney, initiation, news corp, NewsCorp, nws, omniture, omtr, rating, theflyonthewall.com, time warner, TimeWarner, trizetto, twx, tzix, via, viacom
Closing Bell: Stock bulls and dollar death (DDRX,GMCR, PEET, SBUX, EBAY, CI, TECD)
So long peak oil, here comes peak uranium
Black Friday expected to be strong, no promises for Christmas
