Analyst initiations 6-25-07: CAP, CLR, ESS and LOGI
Posted Jun 25th 2007 11:26AM by Kevin Shult
Filed under: Before the bell, Analyst initiations
MOST NOTEWORTHY: CAI International (CAP), ATS Corp (ATCT), Logitech International (LOGI) and Wireless Ronin (RNIN) were today's more noteworthy initiations:
- Piper Jaffray started CAI International (NYSE: CAP) with an Outperform rating and $18 target, believing the company is well positioned to capitalize on global trade growth. Jefferies started CAI Int'l with a Buy rating and $17 target.
- CRT Capital believes ATS Corp's (NASDAQ: ATCT) risks are offset by positive long-term fundamentals of the federal IT services sector and the company's experienced management team and started shares with a Buy rating and $5 target.
- ThinkEquity believes that Wireless Ronin Technologies (NASDAQ: RNIN) is exposed to one of the biggest open-ended growth opportunities in digital media today with its RoninCast application and started shares with a Buy rating...
OTHER INITIATIONS:
- Deutsche Bank and JP Morgan started Continental Resources (NYSE: CLR) with an Overweight rating, while Merrill Lynch started Continental Resources with a Buy rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, atct, ats corp, AtsCorp, cai internation, CaiInternation, cap, clr, continental resources, ContinentalResources, ess, essex, initiation, insulet, logi, logitech, podd, rating, rnin, theflyonthewall.com, wireless ronin, WirelessRonin
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