Analyst initiations: VMW, VR and HOLX
Posted Sep 24th 2007 10:55AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Initiations
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MOST NOTEWORTHY: VMWare, Validus Holdings and Hologic were today's noteworthy initiations:
- VMWare Inc (NYSE: VMW) was initiated by a host of firms: Banc of America believes the current valuation captures most of the upside potential, and started shares with a Neutral rating and $75 target. Wachovia started shares with a Market Perform rating and Deutsche Bank started shares with a Hold rating and $80 target on valuation. The stock was also started with a Buy rating and $92 target at UBS, with a Buy rating and $100 target at Citigroup and with an Overweight rating at JP Morgan and with a Neutral rating at Merrill Lynch.
- Validus Holdings (NYSE: VR) was started with a Buy rating and $29 target at UBS on valuation and benefits from the Talbots (NYSE: TLB) acquisition. Shares were also initiated at JP Morgan with a Neutral rating.
- CIBC resumed coverage of Hologic Inc (NASDAQ: HOLX) with a Sector Outperformer rating and $77 target as the firm is positive on Hologic's merger with Cytyc Corporation (NASDAQ: CYTC) and views it as one of the top mid-cap stories in the coming year.
OTHER INITIATIONS:
Tags: analyst, cytc, cytyc, eubk, eurobancshares, hologics, holx, initiation, meli, mercadolibre, talbots, timken, tkr, tlb, validus, vmw, vmware, vr, ziop, ziopharm
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Chasing Value: Hasbro Earnings Makes My Point
