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Analyst initiations: RIMM, VM, VMW and MFE

MOST NOTEWORTHY: Research in Motion, Virgin Mobile, VMWare, and McAfee were today's noteworthy initiations.
  • Research in Motion (NASDAQ:RIMM) was initiated with an Overweight by Thomas Weisel, which thinks the company has one of the strongest growth profiles among large-cap tech stocks.
  • Virgin Mobile (NYSE:VM) was initated with an Overweight by Thomas Weisel, which cited the company's strong global brand and low cost base.
  • Pacific Crest initiated VMWare (NYSE:VMW) with a Sector Perform based on the company's thin float and competitive risks.
  • McAfee (NYSE:MFE) was reinstated with a Buy by Deutsche Bank, which believes the company is one of the best positioned security vendors due to its comprehensive security platform.
OTHER INITIATIONS:

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 26, 2012: 03:49 PM

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