Analyst initiations: SPSN, AUY and CRXX


MOST NOTEWORTHY: Spansion, Yamana Gold and Combinatrox were today's noteworthy initiations:
  • Spansion (NASDAQ: SPSN) was initiated with a Buy rating and $5 target at CRT Capital. The firm expects a stable pricing environment and seasonal demand to improve financial and credit metrics towards the back half of this year.
  • Yamana Gold (NYSE: AUY) was initiated with a Neutral rating at HSBC.
  • Punk Ziegel views shares of Combinatrox (NASDAQ: CRXX) as undervalued given its broad pipeline of drugs with significant potential. The firm started shares with a Buy rating and $7.50.
Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 08:25 PM

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