Analyst initiations: AMD, INTC, NTCT, GUID and NDAQ
Posted Oct 3rd 2007 11:16AM by Eric Buscemi
Filed under: Analyst reports, Intel (INTC), Advanced Micro Dev (AMD), Analyst initiations
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MOST NOTEWORTHY: Advanced Micro Devices, Intel Corporation, Netscout Systems, Guidance Software and Nasdaq were today's noteworthy initiations:
- Morgan Stanley started shares of Advanced Micro Devices Inc (NYSE: AMD) and Intel Corporation (NASDAQ: INTC) with Underweight ratings and a $11 target and $22 target, respectively. The firm recommends selling shares of both as they expect an inventory correction and increasingly aggressive price environment.
- Kaufman Brothers initiated shares of Netscout Systems Inc (NASDAQ: NTCT) with a Buy rating and $13.50 target. The firm is positive on the Network General acquisition and believes successful integration as well as continued improvement in sales execution will drive shares higher.
- Roth Capital resumed coverage of Guidance Software Inc (NASDAQ: GUID) with a Buy rating and $15 target and said the company is the market leader for digital forensics and that new regulations have accelerated electronic discovery in the forensic market.
- Jefferies started shares of The Nasdaq Stock Market Inc (NASDAQ: NDAQ) with a Buy rating and $45 target and believes the company's relative underperformance over the past two years creates an attractive entry point as earnings are poised to accelerate.
OTHER INITIATIONS:
Tags: Advanced Micro, Advanced Micro Devices, AdvancedMicro, AdvancedMicroDevices, AMD, biotech, Biotechnology, DEI, Douglas Emmett, DouglasEmmett, DVAX, DYAX, Dyax Corp, DyaxCorp, Dynavax, GUID, Guidance Software, GuidanceSoftware, initiations, INTC, Intel, LULU, Lululemon, Nasdaq, Nasdaq Stock Market, NasdaqStockMarket, NDAQ, Netscout, NTCT, PARD, Poniard, VNO, Vornado
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