Analyst initiations: TLEO, HTS and HLIT

Posted Jun 5th 2008 11:38AM by Eric Buscemi
Filed under: Analyst reports, Analyst initiations

MOST NOTEWORTHY: Taleo, Hatteras Financial and Harmonic were today's noteworthy initiations:

Baird initiated Taleo (NASDAQ:TLEO) with a Neutral citing uncertainty regarding the integration plan and financial guidance regarding the Vurv acquisition.
Wachovia believes Hatteras Financial (NYSE:HTS) is well-positioned to capitalize on opportunities in the Agency RMBS sector given the steep yield curve & slow mortgage payments, low expense structure, and Agency-only strategy. Shares were initiated with an Outperform rating.
Brean Murray expects Harmonic (NASDAQ:HLIT) to benefit from an increased competitive environment among cable, telco, and satellite operators and their need for encoding and video stream processing equipment. Shares were assumed with a Buy rating and $13 target.

OTHER INITIATIONS:

Jesup & Lamont initiated GP Strategies (NYSE:GPX) with a Buy rating and $12.50 target.
Norfolk Southern (NYSE:NSC) was initiated at BMO Capital with a Market Perform rating.
UBS assumed Genesis Energy (AMEX:GEL) with a Neutral rating and $22 target.

Tags: analyst initiations, AnalystInitiations, GEL, GPX, HLIT, HTS, NSC, TLEO

#	Blogger	Posts	Cmts
1	Joseph Lazzaro	120	0
2	Tom Johansmeyer	106	3
3	Connie Madon	54	0
4	Steven Mallas	45	0
5	Tom Taulli	44	0
6	Mark Fightmaster	43	0
7	Trey Thoelcke	33	0
8	Steven Halpern	32	0
9	Melly Alazraki	27	0
10	Paul Foster	26	0
11	Zac Bissonnette	25	0
12	Brian White	24	0
13	Jim Cramer	23	0
14	Brent Archer	23	0
15	Jon Ogg	22	0
16	Elizabeth Harrow	19	0
17	Eric Buscemi	17	0
18	Sheldon Liber	13	0
19	Beth Gaston Moon	9	0
20	Michael Fowlkes	9	0

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

Other Weblogs Inc. Network blogs you might be interested in:

Skype soap opera ends as founders set to regain stake ahead of $2B sale Big LBOs are teetering, but Wall Street still planning record bonuses	Microsoft CFO Chris Liddell leaving at the end of 2009 Hewlett-Packard reports growth in profit and operating margin in Q4 Chasing Value: Ten stocks for 2010 -- Part 5
Cook that turkey, drink that wine! Five cooking apps for Thanksgiving A Dozen Daily Deals Do Android & WebOS need iPod touch clones?	Automatically disable your touchpad while you type with TouchFreeze The Atari classics are back and free to play! Asteroids, Lunar Lander and MORE! Firefox is going to beat Microsoft's IE9 at its own game
Luxist Gift Guide 09: Hommage Men's Grooming Line JOCHEN70 Tailors Luggage from the Heyday of Lorenzo Bandini Villa Pelican, Estate of the Day	Reid Hoffman: LinkedIn will go public (at some point) Top growth fund manager sours on Apple, U.S. tech New Facebook share structure hints at IPO