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Analyst initiations: ABCW, TOMO and SKIL

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MOST NOTEWORTHY: Anchor Bancorp, TomoTherapy and Skillsoft Corp were today's noteworthy initiations:
  • Keefe Bruyette initiated Anchor Bancorp (NASDAQ: ABCW) with a Market Perform rating and $18 target, as they prefer to wait for credit and capital concerns to subside.
  • Jefferies believes TomoTherapy (NASDAQ: TOMO) should trade higher based on the company's strong new order growth and would be buyers at current levels. The firm started shares with a Buy rating and $17 target.
  • Skillsoft (NASDAQ: SKIL) was assumed with an Outperform rating at William Blair, as they believe the NETg acquisition will drive significant operating margin improvement in the coming years.
OTHER INITIATIONS:
Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 26, 2009: 06:32 AM

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