MOST NOTEWORTHY: Aeropostale (ARO) and Halliburton (HAL) top today's initiations.
- Caris initiated Aeropostale, Inc. (NYSE:ARO) with an Above Average rating and said Aeropostale's strong inventory, management and same-store sales growth should bring significant upside to margins.
- Credit Suisse started Halliburton Company (NYSE:HAL) with a Neutral and $43 target.
OTHER INITIATIONS:
- Medcath Corp (NASDAQ:MDTH) was initiated by Citigroup with a Buy and $35 target, citing a solid portfolio, strong core operating results and valuation.
- Credit Suisse initiated J Crew Group, Inc. (NYSE:JCG) with an Outperform rating and $42 target. The firm said J Crew was an attractive turnaround story with opportunity for margin expansion.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).