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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.

Analyst initiations: EVVV, STLD and SONC originally appeared on BloggingStocks on Mon, 07 Apr 2008 12:02:00 EST. Please see our terms for use of feeds.

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