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Analyst initiations: GSIT, ARRY and CLR

Posted Feb 7th 2008 10:18AM by Laurie PasternackLaurie Pasternack RSS Feed
Filed under: Analyst initiations

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MOST NOTEWORTHY: GSI Technology, Array Biopharma and Continental Resources were today's noteworthy initiations:
  • Merriman believes GSI Technology Inc (NASDAQ: GSIT) is positioned to benefit as growing bandwidth demand and increasingly complex protocols drive the need for faster and higher density memory in networking equipment. The firm started shares with a Buy rating.
  • Array Biopharma Inc (NASDAQ: ARRY) was assumed with an Outperform rating at William Blair. The firm thinks the company's pipeline contains significant value, which will be catalyzed over the next 12-18 months by continued clinical progress and potential partnerships.
  • Continental Resources Inc (NYSE: CLR) was initiated with a Buy rating and $30 target at Jefferies, and points to the company's double-digit growth and strong reserve growth potential.
OTHER INITIATIONS:

Tags: Array Biopharma, ArrayBiopharma, ARRY, Boston Beer, BostonBeer, CLR, Continental Resources, ContinentalResources, GSI Technology, GSIT, GsiTechnology, HCP, Healthcare Property, HealthcareProperty, initiations, SAM, Ventas, VTR

Symbol Lookup
IndexesChangePrice
DJIA-14.2810,318.16
NASDAQ-10.782,146.04
S&P 500-3.521,091.38

Last updated: November 22, 2009: 04:07 PM

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