Analyst initiations: BBBB, CVS and MHS
Posted Aug 10th 2007 11:30AM by Kevin Shult
Filed under: Analyst Reports, CVS Corp (CVS), Analyst Initiations, Stocks to Buy, Stocks to Sell
MOST NOTEWORTHY: MRU Holdings (UNCL), CVS/Caremark (CVS), Medco Health (MHS) and Blackboard (BBBB) were today's noteworthy initiations:
- Kaufman Bros. expects MRU Holdings (NADAQ: UNCL) to post a profit in Q4 for the first time due to its first student loan securitization and started shares with a Buy rating and $9 target.
- Thomas Weisel believes shares of CVS/Caremark (NYSE: CVS) represent a compelling risk/reward at these levels, initiating shares with an Overweight rating and $51 target, given the positive trends in the market and the likelihood of successful merger integration.
- Thomas Weisel believes Medco Health (NYSE: MHS) is well positioned to capitalize on continued generic conversions, starting shares with an Overweight rating and $100 target.
- Banc of America would be buyers of Blackboard (NASDAQ: BBBB) current levels, initiating shares with a Buy rating and $50 target, given the company's defensible business model and market leadership position.
OTHER INITIATIONS:
- Leerink Swann initiated Phase Forward (NASDAQ: PFWD) with a Market Perform rating and $19-$20 valuation range.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, bbbb, blackboard, caremark, cvs, gaylord, get, initiation, medco, mhs, mru, pfwd, phase, rating, uncl
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