Analyst initiations: STD, SLH, FCN and BCSI
Posted Oct 15th 2007 11:30AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Initiations, China Mobile Limited (CHL)
.gif)
MOST NOTEWORTHY: Banco Santander, Solera, FTI Consulting and Blue Coat Systems were today's noteworthy initiations:
- Societe Generale expects the Banco Santander's (NYSE: STD) strong organic growth in earnings to continue with the purchase of ABN Amro's (NYSE: ABN) assets in Brazil and Italy, starting shares off with a Buy rating. Shares were started at Merrill Lynch with a Neutral rating.
- William Blair initiated Solera Holdings (NYSE: SLH) with an Outperform rating, as they believe underlying trends for auto insurance claims are favorable.
- FTI Consulting (NYSE: FCN) was initiated at Deutsche Bank, as they believe the company is positioned to sustain double-digit growth, and with a Buy rating and $65 target and at Goldman with a Neutral rating and $62 target.
- Pacific Crest initiated Blue Coat Systems (NASDAQ: BCSI) with a Sector Perform rating on valuation and estimates fair value at $50/share.
OTHER INITIATIONS:
Tags: abn, analyst, banco santander, BancoSantander, bcsi, blue coat systems, BlueCoatSystems, cha, china mobile limited, china netcom, china telecom, ChinaMobileLimited, ChinaNetcom, ChinaTelecom, chl, cn, cosan, czz, fcn, fti consulting, FtiConsulting, initiation, meoh, methanex, slh, solera holdings, SoleraHoldings, std
The Money Man Behind Rick Santorum: Who Is Foster S. Friess?
Savings Experiment: Snow Removal
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
