intiation posts
FeedPosted Mar 18th 2008 12:30PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Amazon.com (AMZN), Altria Group (MO), Novell Inc (NOVL), Intuit Inc (INTU), Analyst Initiations
MOST NOTEWORTHY: Amazon.com, Altria Group and Skilled Healthcare were today's noteworthy initiations:
- Canaccord Adams expects Amazon.com (NASDAQ: AMZN) growth to be driven by its expanding international reach, mix shift to third-party revenue, product innovation, and category expansion. The firm initiated shares with a Buy rating and $78 target.
- UBS is positive on Altria's (NYSE: MO) growth, low likelihood of downward EPS revisions, and best-in-class cash flow distribution; shares were started with a Buy rating.
- Skilled Healthcare (NYSE: SKH) was initiated with an Outperform rating at Morgan Keegan, as they believe nursing home reimbursement risk is already reflected in its valuation.
OTHER INITIATIONS:
- KeyBank assumed Callaway Golf (NYSE: ELY) with a Buy rating and $19 target.
- Credit Suisse initiated Intuit (NASDAQ: INTU) with an Outperform rating and $35 target.
- Broadpoint initiated Novell (NASDAQ: NOVL) with a Buy rating.
Posted Aug 16th 2007 11:25AM by Kevin Shult (RSS feed)
Filed under: Before the Bell, Analyst Reports, Comcast Cl'A' (CMCSA), Comverse Technology (CMVT), Analyst Initiations, Time Warner Cable (TWC), Stocks to Buy, Stocks to Sell
MOST NOTEWORTHY: Comcast (CMCSA), Time Warner Cable (TWC), CNet Networks (CNET), Coviden (COV) and I.D. Systems (IDSY) were today's noteworthy initiations:
- Stanford started CNet (NASDAQ: CNET) with a Buy rating and $10 target, as the company is well positioned to benefit from its developing web properties.
- Bear Stearns expects shares of Covidien (NYSE: COV) to move up, starting shares with an Outperform rating, as the management transforms the company from a cash flow focused conglomerate division into a faster-growing, nimble competitor.
- Merriman said I.D. Systems (NASDAQ: IDSY) is uniquely positioned in the wireless asset tracking market given its focus on industrial machinery and material handling equipment, starting shares with a Buy rating...
OTHER INITIATIONS:
- Comverse (OTC: CMVT) was initiated with a Neutral rating at Merriman.
- Jefferies initiated Harmonic (NYSE: HLIT) with a Buy rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Apr 4th 2007 11:11AM by Kevin Shult (RSS feed)
Filed under: Before the Bell, Daimler (DAI), Ford Motor (F), General Motors (GM), Toyota Motor Corp. (TM), JPMorgan Chase (JPM), AutoNation Inc (AN), Analyst Initiations, Johnson Controls (JCI), Time Warner Cable (TWC)
MOST NOTEWORTHY: The automotive sector was today's most noteworthy initiation:
- Prudential initiated the automotive manufacturers industry and automotive retail industry with Favorable ratings and the automotive parts and equipment industry with an Unfavorable rating. The firm initiated coverage on following stocks:
- Overweight-rated names included Autoliv Inc (NYSE: ALV), Group 1 Automotive, Inc (NYSE: GPI), Honda Motor Co, Ltd (NYSE: HMC), Johnson Controls, Inc (NYSE: JCI), Sonic Automotive, Inc (NYSE: SAH), & Toyota Motor Corp (NYSE: TM).
- Neutral Weight-rated names included AutoNation, Inc (NYSE: AN), DaimlerChrysler (NYSE: DCX), Magna International Inc (NYSE: MGA) and United Auto Group, Inc (NYSE: UAG).
- Underweight-rated names included Ford Motor Co (NYSE: F), General Motors Corp (NYSE: GM) and Gentex Corp (NASDAQ: GNTX).
OTHER INITIATIONS:
- Merriman initiated shares of Progressive Gaming International Corp (NASDAQ: PGIC) with a Buy rating, as the firm believes it is on the cusp of gaining meaningful market share of casino floors through its technologies and now is the time to get involved in shares.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).