Analyst initiations: SPR, G and SEIC
Posted Apr 11th 2008 11:55AM by Eric Buscemi
Filed under: Analyst Reports, Sirius Satellite Radio (SIRI), Tiffany and Co (TIF), Analyst Initiations
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MOST NOTEWORTHY: Spirit Aerosystems, Genpact and SEI Investments were today's noteworthy initiations:
- Friedman Billings believes Spirit Aerosystems (NYSE: SPR) is well-positioned on key aircraft platforms and has significant revenue visibility. The firm started shares with an Outperform rating and $33 target.
- Baird is positive on Genpact's (NYSE: G) recurring, non-discretionary revenue, strong growth in Global Client revenue, market leading position; shares were assumed with an Outperform rating and $16 target.
- SEI Investments (NASDAQ: SEIC) was initiated with a Market Perform rating and $27 target at Keefe Bruyette, as they are cautious in the near-term due to industry headwinds.
OTHER INITIATIONS:
Tags: analyst, cavium, cavm, g, genpact, initiation, sei investments, seic, SeiInvestments, siri, sirius, spirit aerosystems, SpiritAerosystems, spr, tif, tiffany
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