Analyst initiations 7-12-07: CELG, CLS, FLEX and SANM
Posted Jul 12th 2007 11:20AM by Kevin Shult
Filed under: Before the bell, Analyst reports, Analyst initiations
MOST NOTEWORTHY: Celgene (CELG), Flextronics (FLEX), TradeStation (TRAD) and Assisted Living Concepts (ALC) were today's noteworthy initiations:
- Jefferies is positive on Celgene (NASDAQ: CELG) over the longer term given the company's robust earnings growth potential and strong cash flow prospects, and started shares with a Buy.
- Flextronics (NASDAQ: FLEX) was assumed with a Buy rating at Banc of America, who called the proposed acquisition of Solectron (SLR) a positive.
- Friedman Billings believes TradeStation's (NASDAQ: TRAD) unique platform differentiates it from the competition and gives it a sustained advantage, starting shares with an Outperform.
- Ferris Baker Watts initiated Assisted Living (NYSE: ALC) with a Buy rating, calling shares attractive...
OTHER INITIATIONS:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: alc, analyst, assisted living, AssistedLiving, benchmark, bhe, celestica, celg, celgene, cls, flex, flextronics, initiation, plexus, plxs, rating, sanm, sanmina, theflyonthewall.com, trad, tradestation
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