MOST NOTABLE: Cabela's Inc (CAB), Time Warner Inc (TWX), Open Text Corp (OTEX) and Tortoise Capital Resources Corp (TTO) were some of today's more notable initiations:
- Cabela's inc (NYSE: CAB) was initiated with an Outperform rating and $30 target. The firm is confident in Cabela's outlook given the company's substantial store expansion opportunities, encouraging operating environment and valuation.
- Time Warner (NYSE: TWX) was started with a Buy rating and $25 target at UBS.
- Benchmark initiated Open Text Corp (NASDAQ: OTEX) with a Sell rating.
- Tortoise Capital Resources (NYSE: TTO )was initiated by both Ferris Baker and Stifel with a Buy rating.
OTHER INITIATIONS:
- CIBC initiated Volterra Semiconductor Corp (NASDAQ: VLTR) with a Sector Performer rating.
- Goldman initiated Savvis, Inc (NASDAQ: SVVS) with a Buy rating and $50 target.
- Cowen started Cogent Communications Group, Inc (NASDAQ: CCOI) with an Outperform rating.
- Avondale initiated Callaway Golf Co (NYSE: ELY) with a Market Outperform rating and $20 target.
- ThinkEquity started Adventrx Pharmaceuticals, Inc (NYSE: ANX) with a Buy rating and $5 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
What Happened When Alex Kenjeev Paid His Student Loan in Cash
How to Save Money at the Movie Theater
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
