Analyst initiations: AVAV, AOB and INTC
Posted Nov 21st 2007 9:55AM by Eric Buscemi
Filed under: Intel (INTC), Analyst initiations
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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:
Tags: AOB, AVAV, DGX, EQIX, initiations, INTC, Intel, LabCorp, LH, PNK, Quest Diagnostics, QuestDiagnostics
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