Analyst initiations: Restaurant sector, AMSC and FSLR
Posted Nov 5th 2007 11:20AM by Eric Buscemi
Filed under: Analyst Reports, Yum Brands (YUM), U.S. Steel (X), Cheesecake Factory (CAKE), Analyst Initiations
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MOST NOTEWORTHY: The restaurant sector, American Semiconductor and First Solar were today's noteworthy initiations:
- Friedman Billings resumed coverage of Cheesecake Factory (NASDAQ: CAKE) and Yum! Brands (NYSE: YUM) with Outperform ratings and a $30 target and a $46 target and Applebee's (NASDAQ: APPB) with a Market Perform rating and $25.50 target.
- American Superconductor (NASDAQ: AMSC) was initiated with a Buy rating and $33 target at Jefferies, as they believe repeat orders for wind turbine electrical systems could drive rapid revenue growth from 2008-2010.
- CIBC resumed coverage of First Solar (NASDAQ: FSLR) with a Sector Performer rating, as they believe shares are already pricing in the company's 2009 EPS potential.
OTHER INITIATIONS:
- Morgan Stanley resumed coverage of Cablevision (NYSE: CVC) with an Underweight rating.
- US Steel (NYSE: X) was initiated with a Sector Performer rating and $117 target at CIBC.
- JP Morgan started SunPower (NASDAQ: SPWR) with an Overweight rating and Evergreen Solar (ESLR) with a Neutral rating.
Tags: american superconductor, AmericanSuperconductor, amsc, analyst, appb, applebee's, cablevision, cake, cheesecake factory, CheesecakeFactory, cvc, first solar, FirstSolar, fslr, initiation, spwr, sunpower, us steel, UsSteel, x, yum, yum brands, YumBrands
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Reader Comments (Page 1 of 1)
11-08-2007 @ 4:42PM
golnop said...
fslr hot video here:
http://vot.cc/video/fslr_hot