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MOST NOTEWORTHY: AeroVironment, American Oriental and Intel were today's noteworthy initiations:
- Suntrust initiated AeroVironment (NASDAQ: AVAV) with a Buy rating and $32 target and expects AVAV's market leadership in unmanned aerial systems and increased effort in the high altitude to drive strong organic growth.
- Jefferies believes American Oriental (NYSE: AOB) is capable of making sizable acquisitions given its strong cash position and finds the valuation attractive at current levels. The firm started shares with a Buy rating and $20 target.
- Intel (NASDAQ: INTC) was initiated with a Neutral rating and $30 target at Baird on valuation.
OTHER INITIATIONS:
Comfort Zone Investing: Oil's down, which is a start, but not good enough
Stocks have their worst week in six years
Why haven't the Republicans said much about the economy?
