MOST NOTEWORTHY:

• AG Edwards started MasterCard Inc (NYSE: MA) with a Hold rating, citing near-term concerns about the consumer and valuation.

• Credit Suisse initiated Time Warner Cable (NYSE: TWC) with a Neutral rating and $41 target.

• Citigroup initiated ZymoGenetics (NASDAQ: ZGEN) Inc with a Sell rating and $12 target. The firm sees further downside given their belief the Street will lower its Thrombin expectations due to sales disappointment in early 2008.

• Morgan Keegan initiated shares of California Pizza Kitchen (NASDAQ: CPKI) with an Outperform rating, finding shares compelling given the company's substantial unit growth opportunity.

• Buckingham initiated shares of Gentex Corp (NASDAQ: GNTX) with an Underperform with a $14 target, and expects margin pressure to continue.

• Citigroup started POZEN Inc (NASDAQ: POZN) with a Buy rating and $28 target.

• Needham initiated SeaChange International (NASDAQ: SEAC) with a Buy rating and $12 target.

• BB&T started Tarragon Corp (NASDAQ: TARR) with a Buy rating and $13 target, as the firm believes the proposed spin-off of its home-building business would unlock shareholder value.

• Wachovia initiated shares of C.H. Robinson Worldwide Inc (NASDAQ: CHRW) with an Outperform rating.

• Shares of Brookfield Properties Corp (NYSE: BPO) were started with a Hold rating at Stifel.

Analyst initiations 4-20-07: CHRW, CPKI, MA and TWC initiated today originally appeared on BloggingStocks on Fri, 20 Apr 2007 11:51:00 EST. Please see our terms for use of feeds.