Analyst initiations: ARIA, FNB and FO

Posted Dec 14th 2007 10:58AM by Eric Buscemi
Filed under: Analyst initiations

MOST NOTEWORTHY: Ariad Pharma, FNB Corp. and Fortune Brands were today's noteworthy initiations:

Jefferies finds Ariad Pharma (NASDAQ:ARIA) compelling as they believe the market potential for deforolimus in cancer is being underappreciated. Jeffieries initiated Ariad with a Buy rating and $8 target.
B. Riley assumed coverage of FNB Corp. NYSE:FNB) with a Neutral rating and $15 target and sees limited viable lending opportunities in the current economic environment.
Wachovia initiated Fortune Brands (NYSE:FO) with an Outperform rating and is positive on the company's position in Spirits. The firm believes its Home business is weighted towards the less cyclical remodels business.

OTHER INITIATIONS:

William Blair initiated Smart Balance (NASDAQ:SMBL) with a Market Perform rating.
Wachovia started PepsiCo (NYSE:PEP) and Anheuser-Busch (NYSE:BUD) with Market Perform ratings.

Tags: analyst initaitions, AnalystInitaitions, ARIA, BUD, FNB, FO, PEP, SMBL

#	Blogger	Posts	Cmts
1	Joseph Lazzaro	120	0
2	Tom Johansmeyer	106	3
3	Connie Madon	54	0
4	Steven Mallas	45	0
5	Tom Taulli	44	0
6	Mark Fightmaster	43	0
7	Trey Thoelcke	33	0
8	Steven Halpern	32	0
9	Melly Alazraki	27	0
10	Paul Foster	26	0
11	Zac Bissonnette	25	0
12	Brian White	24	0
13	Jim Cramer	23	0
14	Brent Archer	23	0
15	Jon Ogg	22	0
16	Elizabeth Harrow	19	0
17	Eric Buscemi	17	0
18	Sheldon Liber	13	0
19	Beth Gaston Moon	9	0
20	Michael Fowlkes	9	0

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

Other Weblogs Inc. Network blogs you might be interested in:

Skype soap opera ends as founders set to regain stake ahead of $2B sale Big LBOs are teetering, but Wall Street still planning record bonuses	Reid Hoffman: LinkedIn will go public (at some point) Microsoft CFO Chris Liddell leaving at the end of 2009 Hewlett-Packard reports growth in profit and operating margin in Q4
Holiday Gift Guide: The Perfect iPhone Ringtone Cook that turkey, drink that wine! Five cooking apps for Thanksgiving A Dozen Daily Deals	Automatically disable your touchpad while you type with TouchFreeze The Atari classics are back and free to play! Asteroids, Lunar Lander and MORE! Firefox is going to beat Microsoft's IE9 at its own game
Griffin & Threadless Team Up For Fashion Forward iPhone Cases Luxist Gift Guide 09: Hommage Men's Grooming Line JOCHEN70 Tailors Luggage from the Heyday of Lorenzo Bandini	Reid Hoffman: LinkedIn will go public (at some point) Top growth fund manager sours on Apple, U.S. tech New Facebook share structure hints at IPO