Analyst initiations: Earthlink, NetSuite, Gramercy Capital

Posted Jan 14th 2008 12:08PM by Eric Buscemi
Filed under: Analyst initiations

MOST NOTEWORTHY: Earthlink, NetSuite and Gramercy Capital were today's noteworthy initiations:

B. Riley assumed coverage of Earthlink (NASDAQ: ELNK) with a Buy rating and $10.60 target, as they view the leading dial-up and broadband ISP as an attractive value-play.
Citigroup initiated shares of NetSuite (NYSE: N) with a Sell rating, as they believe the current valuation implies the company needs to show significant upside.
Gramercy Capital (NYSE: GKK) was initiated with an Overweight rating at JP Morgan on valuation and dividend yield.

OTHER INITIATIONS:

Tags: ELNK, FISV, GKK, N, RHHBY, YGE

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