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Analyst initiations: CPST, PODD, CMC and TDC

MOST NOTEWORTHY: Capstone Turbine, Insulet and Teradata were today's noteworthy initiations:
  • Merriman believes Capstone Turbine (NASDAQ: CPST) is well-positioned for rapid growth as capacity constraints and dependence on subsidies drive the adoption of clean, dependable hydrocarbon-based technologies. Shares were assumed with a Buy rating.
  • JMP Securities initiated Insulet (NASDAQ: PODD) with an Outperform rating and $29 target and expects increased adoption of the company's OmniPod disposable, tubeless insulin pump.
  • Pacific Crest initiated Teradata (NYSE: TDC) with an Underperform rating. The firm is a seller of shares given the slowing economy and the company's exposure to larger IT deals.
OTHER INITIATIONS:

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Last updated: December 02, 2008: 02:48 PM

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