Analyst initiations: Technology and services sector, CTSH, INFY and SILC
Posted Oct 4th 2007 11:15AM by Eric Buscemi
Filed under: Analyst Reports, Apple Inc (AAPL), Dell (DELL), Motorola (MOT), International Business Machines (IBM), Nokia Corp. (NOK), Analyst Initiations
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MOST NOTEWORTHY: The technology and services sector, Cognizant, Infosys Technologies and Silicom Ltd were today's noteworthy initiations:
- Wachovia initiated shares of Dell (NASDAQ: DELL), Micron (NYSE: MU) and Nokia (NYSE: NOK) with Outperform ratings and IBM (NYSE: IBM), AMD (NYSE: AMD) and Motorola (NYSE: MOT) with Market Perform ratings.
- CIBC started shares of Cognizant (NASDAQ: CTSH) and Infosys (NASDAQ: INFY) with Sector Outperformer ratings and a $100 target and $60 target, respectively. The firm views risk/reward as favorable.
- Merriman initiated Silicom Ltd (NASDAQ: SILC) with a Neutral rating, citing valuation and low visibility into the quarter.
OTHER INITIATIONS:
Tags: aapl, amd, analyst, apple, cognizant, ctsh, dell, ibm, infosys, infy, initiation, leco, lincoln electric, LincolnElectric, micron, mot, motorola, mu, nok, nokia, northwest, nwa, silc, silicom
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Reader Comments (Page 1 of 1)
10-04-2007 @ 6:19PM
Seth said...
What about the story from the NY Times on the possibility that NW and Delta might attempt a merger? http://dealbook.blogs.nytimes.com/2007/10/04/is-northwest-flying-toward-a-spinoff/ According to a Knowledge Map from NewsVisual the current Delta CEO was CEO at NW until 2004 http://www.newsvisual.com/newsvisual/2007/10/ceo-ties-could-.html . Strong ties also exists through AGL Resources and Morehouse College (which is in Atlanta, HQ of Delta). Any chance their might be something to this rumor?