MOST NOTEWORTHY:

• 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.

• Merrill Lynch initiated Sirius Satellite (NASDAQ: SIRI) with a Sell rating.
  
• Lehman started Tiffany & Co (NYSE: TIF) with an Overweight rating and $52 target.
  
• Oppenheimer initiated Cavium Networks (NASDAQ: CAVM) with a Perform rating.

Analyst initiations: SPR, G and SEIC originally appeared on BloggingStocks on Fri, 11 Apr 2008 11:55:00 EST. Please see our terms for use of feeds.