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Analyst initiations: EVVV, STLD and SONC

Posted Apr 7th 2008 12:02PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Initiations

MOST NOTEWORTHY: EV3, Steel Dynamics and Sonic were today's noteworthy initiations:
  • JP Morgan initiated EV3 (NASDAQ: EVVV) with a Neutral rating. The firm sees risk to guidance and finds it too early to recommend the stock.
  • Steel Dynamics (NASDAQ: STLD) was assumed with an Overweight rating at Morgan Stanley.
  • Lehman initiated Sonic (NASDAQ: SONC) with an Overweight rating.
OTHER INITIATIONS:
  • HSBC initiated Rostelecom (NYSE: ROS) with an Underweight rating and $36.50 target.
  • Keefe Bruyette assumed German American Bancorp (NASDAQ: GABC) with a Market Perform rating and $13 target.
  • JP Morgan initiated Perdigao (NYSE: PDA) with an Overweight rating.

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IndexesChangePrice
DJIA+72.8112,874.04
NASDAQ+27.512,931.39
S&P 500+9.131,351.77

Last updated: February 13, 2012: 05:12 PM

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