Analyst initiations 7-05-07: CSUN, HLCS and ORCL
Posted Jul 5th 2007 10:45AM by Kevin Shult
Filed under: Before the bell, Oracle Corp (ORCL), Analyst initiations
MOST NOTEWORTHY: Oracle Corp (ORCL), Helicos BioSciences (HLCS), Clean Energy Fuels (CLNE) and China Sunergy (CSUN) topped today's noteworthy initiations:
- JP Morgan initiated Helicos BioSciences (NASDAQ: HLCS) with a Neutral rating based on the potential of its single-molecule genetic sequencing platform but noted that commercialization carries near-term risk.
- Hambrecht believes Clean Energy Fuels' (NASDAQ: CLNE) total addressable market is over $20B given the company's focus on natural gas vehicle fuel for return-to-base applications and started shares with a Buy rating.
- Jefferies wants to see China Sunergy (NASDAQ: CSUN) demonstrate that its silicon wafer suppliers can meet aggressive ramping plans before becoming more positive on the stock, starting shares off with a Hold rating...
OTHER INITIATIONS:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, cel, cellcom, china sunergy, ChinaSunergy, clean, clne, csun, glre, greenlight, helicos, hlcs, initiation, oracle, orcl, partner comm, PartnerComm, ptnr, rating, theflyonthewall.com
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