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Analyst initiations: Linc Energy, Equinix, Smith & Wesson

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MOST NOTEWORTHY: Linc Energy, Equinix and Smith & Wesson were today's noteworthy initiations:
  • Merriman initiated Linc Energy (OTC: LNCGY) with a Buy rating and believes the company is well-positioned to become a large producer of ultra-clean, high quality diesel fuel, at extremely high margins.
  • Equinix (NASDAQ: EQIX) was assumed with a Buy rating and $120 target at Deutsche Bank. The firm thinks the company continues to benefit from favorable industry dynamics as customer demand continues to outstrip supply of new co-location space industry-wide.
  • Susquehanna is positive on Smith & Wesson's (NASDAQ: SWHC) leading market position in the handgun market and top line growth. The firm started shares with a Positive rating.
OTHER INITIATIONS:
Symbol Lookup
IndexesChangePrice
DJIA+20.0310,246.97
NASDAQ-2.982,151.08
S&P 500-0.071,093.01

Last updated: November 11, 2009: 08:03 AM

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